The engineering, procurement and construction (EPC) segment in Abu Dhabi is dominated by oil and gas. The largest EPC project currently under way in the emirate is the development of the offshore Upper Zakum oilfield, which was awarded to Petrofac Emirates – a joint venture between Petrofac and Abu Dhabi government investment firm Mubadala Development Company – and its...
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Articles & Analysis | The large number of projects in the pipeline augurs well for the segment from The Report: Abu Dhabi 2015
Interviews & Viewpoints | Mohammed Al Mubarak, CEO, Aldar: Interview from The Report: Abu Dhabi 2015
Are developers now looking to restart schemes that were placed on hold after the market downturn?
Articles & Analysis | The upturn is being sustained by a profusion of upcoming projects from The Report: Abu Dhabi 2015
The residential segment was the first in Abu Dhabi’s real estate market to experience recovery from the sustained post-2008 downturn. Prices in the segment have been rising since the end of 2012, when, according to Jones Lang LaSalle (JLL) data, asking prices for residential units in investment zones (areas where expatriates are allowed to buy apartments) in the emirate...
Articles & Analysis | Centralisation of the process may bring short-term challenges, but the change is set to improve efficiency over the longer term from The Report: Abu Dhabi 2015
Known as Musanada (meaning “support” or “assistance”), the Abu Dhabi General Services Company is charged with providing assistance and support services for all government departments, agencies and entities, as decided by the Abu Dhabi Executive Council. Established in 2007 to provide a variety of support services, including procurement, to Abu Dhabi government entities,...
Interviews & Viewpoints | Saeed Al Ghafli, Chairman, Department of Municipal Affairs: Interview from The Report: Abu Dhabi 2015
How do you respond to those calling for greater uniformity amongst government institutions with regards to public tender processes?
Articles & Analysis | Growing demand and tight supply seem likely to continue over the next few years from The Report: Abu Dhabi 2015
The real estate sector in Abu Dhabi is currently in a period of growth and rising prices, after a downturn following the global financial crisis that began in 2008. According to a real estate market overview for the emirate by Jones Lang LaSalle (JLL), the third quarter of 2014 saw all segments simultaneously in recovery for the first time since 2008. The firm reported...