Monday, October 14, 2019
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US $20bn Entertainment District set to be constructed in Egypt

An Entertainment District is set to be constructed in Egypt at a cost of US $20bn. This is after ATIP New Capital Entertainment (ATIP...

Saudi Arabia’s Red Sea Development – The project will cover 90 islands and 28,000...

Saudi Arabia is developing its coastline as part of plans to transform the economy and cut its reliance on oil. The project will cover...

Construction industry voices 2019’s expectations in Big 5 survey

Respondents from the Big 5 construction show survey have revealed that “strong competition” and “cost-driven decision making” will be regarded as the main challenges...

Phase 1 construction on Saudi Arabia’s $500bn Neom complete

Strategic work on Saudi Arabia’s Public Investment Fund-backed (PIF) futuristic Neom gigaproject will complete by the end of 2019, chief executive officer of the...

Countries With the Highest Housing Bubble Risks

With a decade-long bull market and an ultra low interest rate environment globally, it’s not surprising to see capital flock to housing assets. For many...

Expo 2020 to boost construction and transportation in United Arabic Emirates

UAE's bid to host Expo2020 is a historic achievement, which, along with UAE’s Vision 2021, means that the construction and infrastructure sectors have won...

$494 billion worth of construction projects are currently active in Kuwait

Construction projects worth more than $494 billion are currently active in Kuwait, according to new research by ProTenders. Of these, projects worth $15.5 billion (3.1 percent)...

Construction fever in the hotel sector in China

Construction growth in China has been boosted by billions of dollars in liquidity to offset the economic downturn brought about by the escalation of...

Work begins on Dubai’s The Island featuring Las Vegas hotel brands

The Island will feature more 1,400 hotel rooms, suites and apartments. Work on Dubai’s The Island project, that will house Las Vegas hotel brands such...

Europe’s Hotel Construction Pipeline is Accelerating and Hitting All-Time Highs

Analysts at Lodging Econometrics (LE) report that Europe's hotel construction pipeline continues its robust up-swing in 2019 with 1,670 projects/254,600 rooms, a remarkable 22%...