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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...

Saudi Arabia Unveils A Large-Scale Cube-Shaped Skyscraper The Mukaab In Downtown Riyadh

The Saudi Arabian government has unveiled design for a large-scale cube-shaped skyscraper for downtown Riyadh, Saudia Arabia.Dubbed The Mukaab, the 400-metre-high skyscraper is set...

Qatar: Construction sector likely to rise 9.5% by decade-end

The country’s construction sector shows upbeat signs of growing significantly between 2023 and 2030, as per a recent Qatar Market Intelligence Autumn Q3 report...

Although hit by the Covid-19 pandemic, Africa continues to develop large hotels across the...

Although hit by the Covid-19 pandemic, Africa continues to develop large hotels across the continent. In fact, 279 new hotels and 62,137 rooms are on...

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 -...

Sub-Saharan Africa’s rising debt levels cloud construction growth in 2023

Construction output in Sub-Saharan Africa grew by an estimated 1.7% in 2022, compared to a growth of 3.2% registered in 2021. The industry is...

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%...

UAE leads Middle East countries by total hotel rooms in construction

The Middle East room construction total represented a 27.4% increase compared with October 2017 according to a report released by STR.Rooms in construction in Africa, however,...

Construction of Mesob Tower in Ethiopia to begin

Construction of the Mesob Tower in Ethiopia is set to begin. Ethiopian Minister of Culture and Tourism Hirut Kassaw (Ph.D.) revealed the report and...

German construction sector faces major slump in 2024

Germany's building industry is in crisis, according to two research institutes. The downward trend comes on the heels of a more than decadelong boom.Germany's...