Stats needed to put clause into effect
by Conrad Egbert
A lack of government indices and statistics for the UAE construction sector is making it difficult to incorporate ‘escalation clauses’ into contracts, according to industry experts.
by Conrad Egbert
A lack of government indices and statistics for the UAE construction sector is making it difficult to incorporate ‘escalation clauses’ into contracts, according to industry experts.
Results from the Chartered Institute of Building’s (CIOB) third annual skills survey show that the industry is still suffering a skills shortage despite the recession and downturn in construction demand.
The Buildsafe UAE safety alerts this week recommended that all sites should undertake a review on all lifting operations to ensure work methods statements are relevant to the operation.
New iCrete product family will feature speed in application, exceptional reliability and workability, less cement, lower cost, and sections that are thinner and stronger. iCrete mixes and quality systems will revolutionize the precast methods used for construction of pre-fabricated structures and industrial parks, as well as the building of major pipelines, sewers, bridges, roads, tunnels, [...]
I believe the economic slowdown is not a bad thing at all, but a golden opportunity for Dubai to start anew. In order to survive these tough market conditions, I’ve listed five essential strategies that developers must adopt.
by Angela Giuffrida
While in discussion with a number of contractors over the last few weeks, all alluded to being in talks with other firms about partnering.
Salaries of engineers have fallen by 15 per cent as construction companies reconsider their budgets, said experts.
“The salaries of civil engineers in the country have fallen by 15 per cent for new hires. It’s not like six months back when engineers in the construction sector got a 50 per cent hike when they switched jobs,” [...]
A long term view for Credit Crunch
by Omar Al Saadoon
Senior Associate Omar Al Saadoon.Construction & Engineering Practice - Al Tamimi & Company
This article might deter short term speculators or pessimists (so called realists) in reading further and if so no hard feelings. I too have noticed a reduction in crane activity and generally less traffic [...]
While the earliest doors in history were constructed out of wood or metal, once sheet glass was invented it has found application in doors – where it has fitted into small windows.
by Shikha Mishra
In light of the current economic downturn, contractors will have little legal recourse if payments for on-going projects get delayed, legal experts say.
The recent cancellation of the US $1.25 billion contract between Dubai-based Meydan and the Arabtec-WCT JV has led to concerns in the market over similar situations arising in the future and [...]
by Kristine Kalnina
Kristine Kalnina, Bin Shabib and Associates.Looking at any of the impressive structures shaping Dubai’s skyline, one may see just glass and steel as the main constituent components. But all projects stem from an idea before they become tangible objects and that idea heavily depends on first building successful relationships.
By Hamish Macdonald
In the first place, DABs are not intended to replace arbitration or litigation but are to be considered as part of a multi-tiered dispute resolution process. The use of a DAB has been described as an early and intermediary step directed at avoiding the need to resort to other more expensive and more [...]