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Friday, December 4 - 2009

Northern Gulf markets remain buoyant

Despite the rumblings of the global credit crunch, the construction and interiors markets in the Northern Gulf countries remains buoyant, say the organisers of a leading trade fair.

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"In Saudi Arabia, Bahrain, Kuwait and Qatar, major developments continue to rise," said Simon Mellor, Vice President Construction, dmg world media.

"The database of research company Proleads also shows that projects in planning or under construction in the four countries totals around $1.5 trillion across the civil engineering, oil, gas, petrochemical, and power sectors."

Proleads also forecasts total investment for 2009 will reach $140bn in the 4 countries, growing to almost $200bn in 2010.

It is against this background that the gulfBID trade fair for construction and interiors takes place in Bahrain from 5 - 7 May 2009.

"gulfBID continues to offer unrivalled opportunity for immediate and long-term business and a promising return on investment,"


Mellor added

Nearly 200 exhibitors from all over the world will be taking part in gulfBID offering products and services to the region's architectural, engineering and design sectors.

"As the only business event for the combined construction and interiors sectors in the Northern Gulf region, gulfBID provides a venue for companies committed to doing business with the region's most important specifiers, consultants, contractors, engineers, architects, interior designers, developers, property owners and suppliers, said Mellor.

"Even in these days of the internet and online trading, there is no alternative to judging products first hand and developing the personal relationships so important in establishing long term, successful business."
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Notes and media contacts

About GulfBID
gulfBID is organised by dmg world media Dubai Ltd and Hilal Conferences and Exhibitions. dmg world media Dubai Ltd is part of the dmg world media group of companies and is an acknowledged leader in the region's exhibitions industry since 1999. dmg's portfolio includes some of the largest exhibitions in the Middle East.

For media Enquiries, please contact:
Salman Abou Hamzeh
dmg world media Dubai
Tel: +971 4 438 0355
Fax: +971 4 438 0356

Nathalie Viselé
Director
PO Box 502701
Office 106
Al Sufouh Tower
Dubai Media City
Dubai, United Arab Emirates
Office: +971 4 3652711
Direct : +971 4 3652712
Mobile : +971 50 4576525
Fax:+971 4 4278703

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