While Abu Dhabi Island has traditionally been the centre of the capital city – the site of much of the emirate’s commerce, as well as many of its hotels and retail facilities – planning authorities have for some time worked to relocate some of this activity to outlying areas, including several nearby islands. This has created numerous opportunities...
With the development of an industrial base forming an important component in the emirate’s overall economic diversification strategy, the demand for high-quality industrial real estate including warehouse space is expected to rise. While the supply of this type of product has historically been limited in Abu Dhabi, the market has begun to recognise...
After having put several major projects on hold during 2011, the Executive Council announced in January 2012 that it had approved a number of projects across several sectors, including transport, housing, health care and tourism. With commercial real estate development expected to be relatively slow in 2012 as the emirate works to absorb the large...
An important part of the development of Abu Dhabi has been the land reclamation and dredging works that have occurred along the emirate’s shoreline. This type of work has helped to form the island and coastal developments that are playing an increasingly important role in the local real estate market. But with most of this work having already been...
With oil prices at sustained high levels and the government pushing ahead with a large-scale investment programme to upgrade infrastructure, address social issues and further diversification, Saudi Arabia’s economy is thriving.
Large-scale overseas investments, combined with increased state spending on infrastructure projects, has resulted in the Jordanian construction industry shifting its focus from the capital Amman, which had long been the centre of building activity, to the port city of Aqaba.
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