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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Friday, August 15, 2008

New Projects in Dubai Demands Steel

Forging a new world
Zawya - United Arab Emirates
... the Gulf's modern-day Pharaohs have become master builders and seem in a hurry to complete their ambitious plans. ..."Naturally, there is great interest in our project because we already have the permit from the authorities for the steel plant in Abu Dhabi," he maintains. ...There are other mega projects worth about $1 trillion in the pipeline this will ensure strong demand for steel in the future. ... The Proleads research company which monitors construction activity in the Gulf region, lists 17 steel-mill projects in Saudi Arabia and 16 in the UAE, while Oman has six projects on the anvil, Bahrain four and Qatar three.   ...

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