“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...
The Big 5 Dubai to support MENA region’s $5.06tn future projects market
Construction stakeholders from across the globe will explore new opportunities at this year’s The Big 5 event, which will return to the Dubai World...
Europe: The architectural world “prefers” exhibitions with a physical presence
Organizing digital exhibitions was a solution for the period when the pandemic "hit", but now that the situation seems to be normalizing and normalcy...
Where are the most expensive cities for construction?
The most expensive cities in the world for construction in 2021 are located primarily in Europe, with only two of the top 10 -...
