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US-Saudi Arabian Business Council economist explains COVID-19 impact on Saudi construction

The global outbreak of the novel coronavirus (COVID-19) pandemic has left an unprecedented impact on local and international stock markets and supply chains, as...

Middle East to see smallest rise in construction cost among global markets

Cost of construction in the UAE stands at $1,455 per square metre, compared with $3,900 in New York, Turner & Townsend report says The Middle...

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 -...

GlobalData: Philippines construction industry to reach US$75.1bn in 2024

The Philippines construction industry, which was the fastest growing in the Asia-Pacific (APAC) region prior to the COVID-19 outbreak, has been devastated by the...

Saudi Arabia’s real estate market poised for unprecedented growth in 2025

Underpinned by Vision 2030 and a wave of infrastructure investment, Saudi Arabia's real estate market is on a trajectory of robust growth, as highlighted...

Wave of cancellations in German housing construction at new high

Germany’s residential construction sector was again hit by a wave of cancellations in October, according to a survey published on Monday that showed a...

Moody’s downgrades global construction prospects for 2020-21

On the back of coronavirus disruptions, investor relations company Moody’s has issued a pessimistic outlook on the global construction industry for the next 12 months.  Moody’s...

Big 5 Construct Egypt 2023 to boost sustainable growth in $68.5bn market

Set to take place on 19-21 June, the event will focus on several product sectors needed to deliver Egypt’s ambitious development plan Thanks to the...

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...

The Top 30 Most Valuable Real Estate Cities in the U.S.

The Most Valuable Real Estate Cities in America According to real estate tycoon Harold Samuel, there are three things that matter when it comes to...