MEED unveils AWCS Gulf Construction Outlook Survey 2009 in Abu Dhabi

Over 35 CEOs from the region's leading construction firms will contribute to the survey, which was announced on the first day of the Arabian World Construction Summit (AWCS) 2009 that opened today at the Emirates Palace Hotel in Abu Dhabi and will conclude on 11 February.

Announcing the survey at a press conference organised on the sidelines of AWCS, Richard Thompson, Editor at MEED said, "The survey will serve as a powerful indicator to the future of the construction market in the Gulf, and will be based on the views of industry experts who keep a close watch on market movements. It will allow senior businessmen and investors to form an accurate assessment of the short and long-term prospects of the market based on industry sentiment."

"MEED is one of the leading providers of vital data and analysis that help businesses succeed in the Middle East. The Gulf construction industry has witnessed massive changes in the past few months. The 'AWCS/MEED Gulf Construction Outlook Survey' will provide clarity to business leaders on the Gulf construction sector at a time of growing uncertainty," he added

Focusing on the construction sector and current market conditions, AWCS 2009 has attracted 169 companies from 25 countries. The event has brought together leading construction professionals including property developers, contractors, industry experts, investors, government and property development authorities, architects, designers, consultants, as well as key senior officials.

The first day of the event also drew insightful perspectives from panellists including Dr. Hani Shammah, CEO of Bloom Properties, Abdul Majeed Al Fahim, Chairman of Pearl Dubai, Ali H. Kolaghassi, Vice-President - Corporate Business Development with Saudi Oger, John Bullough, CEO of Aldar Properties, and Mounir D. Haider, CEO of Sorouh Real Estate.

Constantin Salameh, Chief Operation Officer of the National Holding and Emirates International Investment Company group said, "As a leading regional player in the real estate and construction-related industries, we are pleased to be a key contributor to the Arabian World Construction Summit (AWCS), as it brings together thought leaders from diverse backgrounds under one platform, and represents the perfect opportunity for us to share innovative ideas and innovative ideas and best practices to build a solid and sustainable value creation foundation in these challenging times."

The Arabian World Construction Summit 2009, one of MEED's highly anticipated events, is intended to benefit the whole construction value chain in addition to facilitating industry players keen on evolving as market leaders.

MEED seeks to connect people through hosting some of the most acclaimed events in the industry that have garnered a reputation for delivering comprehensive industry information.