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COVID-19 significantly impacting 60% of the European construction equipment industry

Recent findings from a CECE (Committee for European Construction Equipment) flash survey paint a gloomy picture for the European CE Industry facing the consequences...

Saudi’s Public Investment Fund launches 5-year strategy

Saudi Arabia’s Public Investment Fund (PIF) has launched its five-year strategy, including its Vision Realisation Programme (VRP) 2021-2025.Following on its VRP 2018-2020, the strategy...

UAE remains No.1 in GCC for construction

The UAE remains the No.1 construction market in the GCC, and is on track to deliver growth in 2018 in the lead-up to Expo...

A new report looking at New York City’s estimated construction for 2018-2020 predicts strong...

A new report looking at New York City's estimated construction for 2018-2020 predicts strong growth across all sectors of development. According to its forecasts, "New York City...

Burj Jumeira supertall skyscraper will rise from fingerprint of Dubai’s ruler

Visuals have been released of the SOM-designed Burj Jumeira, a 550-metre-tall split-volume skyscraper in Dubai that will rise from a lake shaped like the fingerprint of the emirate's ruler. Unveiled by state-owned Dubai...

Saudi Arabia plans $2.7bn Red Sea gigaproject contracts by end-2020

The first phase of the project is expected to be completed by 2022, and will include hotels and a commercial airportRed Sea Development, the...

Redex outsources the natural rocks of the luxury One & Only Kea Island resort...

The company undertakes the complete supply and installation of marble in all the luxury villas and the facilities.One & Only Kea Island enters the...

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...

Construction chiefs: Expo 2020 Dubai ‘biggest’ growth opportunity

Construction leaders in the UAE have listed Expo 2020 Dubai as the “single biggest opportunity” to spur business growth over the next 12 months.Chief executives from contracting...

Cambodia: Ministry of land calls for construction investment boost

The Ministry of Land Management urged foreign investors to increase investment in Cambodia’s real estate sector to take advantage of the country’s healthy economic...