Aldar Properties Asking Consultants for Retrospective Fee Cuts

Top Abu Dhabi developer demands 20% fee cuts
Building.co.uk - UK

Abu Dhabi's biggest developer, Aldar Properties, is asking consultants for retrospective fee cuts, the latest sign that turmoil in the Middle Eastern markets has spread beyond Dubai. ...

Malaysian Company Bids for RM2 Billion Projects in UAE

Bina Puri bidding for RM2b Mideast projects
Business Times - Malaysia - Malaysia
DUBAI: Malaysian construction company, Bina Puri Holdings Bhd, is aggressively pursuing projects in the Middle East with the group bidding for about RM2 billion worth of potential projects in the United Arab Emirates (UAE). ...

Qatar Proceeds with US$100 Million Projects

Qatar proceeds with multibillion-dollar building projects
By Overseas Property Live
Gas-rich Qatar, the Gulf's fastest-growing economy, is spending more than US$100 billion in the next three years on projects including a new financial district and international airport. This comes as Dubai suffers a real-estate crash ...

Mace Secured Two New Projects in Bahrain and Dubai

UK construction firm wins Bahrain, Dubai contracts - Construction
Arabian Business.com
Mace Group, the consultancy and construction firm, has secured two project management appointments in Bahrain and Dubai, the firm announced on Thursday.

Under the first contract, the company will project manage a $93m, 41-storey headquarters building for Elaf Bank in the Seef area of Manama in Bahrain, Mace said in a release. ...

New Consultancies Promises Results in Dubai

New Dubai construction consultancy promises results
Construction Week Online - Dubai, United Arab Emirates

Despite the well-documented credit crunch, Connect Consult, a newly-launched Dubai-based construction consultancy, is promising "real solutions and real returns" to clients looking to safeguard their projects.

Given the lack of confidence in the current global market, projects that can provide a high level of contractor expertise in the earliest stages are more likely to save developers money later on. ...