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Global manufacturers lose momentum as inflation worsens

Global manufacturing growth has started to decelerate as supply chain problems, the rising cost of energy and raw materials take their toll.Slower growth in...

Construction grows at an “accelerated pace” in Saudi Arabia

Over the last decade, Saudi Arabia has seen some of the largest scales of construction investment. This is in line with the kingdom’s economic...

Saudi developing $80bn worth of projects, reinforcing its growth vision

With approximately $173 billion worth of projects under tender in the GCC, of which $80 billion are in the Saudi Arabia, the Big 5...

“Massive opportunities” remain on Saudi Arabia’s gargantuan Red Sea Project

Eight-hundred contracts worth some $5.2bn have already been awarded on Saudi Arabia’s massive Red Sea Project, but procurement continues apace with around $400m awarded...

$3.2 trillion construction opportunities in Middle East and North Africa region

The total value of infrastructure and construction projects in the Gulf Cooperation Council (GCC) region reached approximately to $3.2 trillion in mid-2021, according to...

The hotel construction activity globally the 2021

Globally too, the hotel construction activity fell with a total of 221,789 rooms being built in 2021, down 7.6 per cent over the previous...

5 of the largest mixed-use projects in the works across the US

Across the country, developers are placing big bets on mixed-use projects, many of them with budgets into the billions or hundreds of millions.In the...

Construction spending falls in New York City, but outlook is positive

Construction spending in one of the country’s largest markets is rebounding from last year’s dip, when non-essential construction paused for 11 weeks due to...

China Will Defer Some Taxes For Manufacturers

China will defer some taxes for manufacturing firms for three months from November due to the impact of high raw material prices and rising...

Saudi Arabia ‘being reborn’ as Vision 2030 unleashes $1tn real estate and mega-projects

Almost $1 trillion of real estate and infrastructure projects have been announced across Saudi Arabia since 2016 as the Kingdom’s economy is transformed under...