After international construction and development major Dubai World failing to repay its huge pile of debt on time, the state of its bids for development of container terminal berths at major ports in India may come under the scanner… Source: Indian Express, November 28, 2009
DHAHRAN, Saudi Arabia — Saudi Arabia’s Environmental Protection Department (EPD) and the Offshore Projects Division of the Saudi Aramco’s Northern Area Projects Department (OPD/NAPD) have sponsored a coral relocation project in the Arabian Gulf… Source: Offshore, November 25, 2009;
Global Real Estate Development Company (Gredco), a Bahraini developer, has invited companies to bid in early December for major dredging works… Source: MEED, November 26, 2009/GREDCO
According to MEED (Middle East Business Intelligence) Bahrain’s local real estate developer Manara Developments has awarded US-based Great Lakes Dredge & Dock Company an estimated BD10m ($26m) contract… Source: MEED, November 24, 2009 / Gulf Daily News, June 29, 2oo9
Qatofin inauguration to give exports a fillip… Source: Gulf Times, November 19, 2009;
Abu Dhabi National Oil Company (ADNOC) has awarded a Dh2.3 billion (US$639 million) contract to National Marine Dredging related to a project to build artificial islands in the Gulf… Source: The National, November 12, 2009
Nakheel has offered investors in the stalled Palm Jebel Ali development alternative homes on other projects, casting further uncertainty over the future of the vast reclaimed island… Source: The National, November 5, 2009;
DP world has decided to postpone implementation of a 3rd terminal in Jebel Ali till 2013… Source: Port Technology, November 5, 2009;
DUBAI (Zawya Dow Jones)–Plans to invest almost $40 billion to triple port capacity across the oil-rich Persian Gulf region are sailing against stiff global economic head winds, according to industry experts… Source: Zawya Dow Jones, November 3, 2009;
Construction of the first of The World islands, situated off Dubai’s coast, is expected to start as early as next month, while its other site developments await final clearances and permissions from the regulatory body, Trakhees… Source: New Civil Engineer, November 2, 2009;
National Marine Dredging (UAE) wins Zadco islands reclamation deal as part of a scheme to boost production at the Upper Zakum field to 750.000 barrels a day. Source: MEED, November 1, 2009;
