New hotel projects in the Middle East continued to trend upward throughout 2022
81 new hotels accounting for 17,736 rooms opened in 2022, according to Lodging EconometricsHotel development in the Middle East is ramping up as investors...
‘Discover NEOM’ tour kicks off in Saudi’s Jeddah to promote $500 bln mega project
NEOM has kicked off its Discover NEOM tour in Jeddah to promote investment opportunities in the $500 billion mega project in Saudi Arabia’s Red...
Indian construction industry output to receive boost from increased capital expenditure in budget
The Indian construction industry is expected to receive a significant boost in 2023, supported by a sharp increase in capital expenditure as part of...
2023 outlook: Real estate investment in the US
The coming year looks set to bring more opportunities for investors than 2022 – once the Federal Reserve is satisfied inflation is under control...
World cities prime residential forecasts 2023
The regional hubs of Dubai and Singapore are forecast to top the global price growth charts in 2023. Both cities will continue to benefit...
Saudi plans world record 2km tall tower, $5bn project
Saudi Arabia is planning to build a 2km skyscraper in Riyadh that would become the world’s tallest building, according to reports by MEED.The megatall...
Material costs and inflation bring the EU construction sector to its knees
Too many costs, rising inflation and inadequate government intervention are scarring the Eurozone construction sector.December marks the eighth consecutive month of contraction in the...
Saudi construction sector to rebound as Giga projects pick up pace
Saudi Arabia’s construction sector has shown signs of recovery in the third quarter of 2022 as became evident following the rise in local cement...
Sheikh Mohammed reveals new phase of Dubai’s massive urban development plan
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the second phase of...
HH Sheikh Mohammed to The Big 5, the construction sector has introduced various elements...
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, visited the 43rd edition of...
