NEOM collaborates with ministries in achieving Vision 2030 goals
Saudi Arabia’s $500 billion giga-project NEOM has signed partnership agreements with the various ministries to improve investment opportunities and boost cooperation.NEOM has signed a...
Chinese authorities signal no major bailout for struggling real estate developers
Chinese authorities have sent a clear message that struggling real estate developers shouldn't expect a significant bailout, as the government puts on a spotlight...
China’s construction industry on rapid growth since 1978
China's construction industry has seen rapid expansion since the country began to implement the reform and opening up policy in 1978, data showed.The value-added...
Saudi Arabia to begin construction at $500bn NEOM development in 2019
The work on the first phase of NEOM Bay, an urban project, will be completed in 2020Construction of NEOM Bay, the first urban area...
$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)...
Saudi Arabia benefits from high tech in construction of Red Sea Project
Saudi Arabia has undergone huge changes with the introduction of Vision 2030, devised by the Crown Prince Mohammad bin Salman, which has, among other things,...
UAE: The $1.36bn Jubail Island development will be a collection of villages located between...
Jubail Island Investment Company (JIIC) has awarded the construction contract for the first phase of 300 villas managed by UAE master-developer LEAD to Arabian...
$13.3bn in Saudi entertainment projects across 14 cities
The projects will be located in Riyadh, Kharj, Makkah, Jeddah, Taif, Dammam, Khobar, Al Ahsa, Madinah, Yanbu, Abha, Jazan, Buraidah and TabukSaudi Entertainment Ventures...
Saudi Arabia dominates Middle East and North Africa construction market
Saudi Arabia has taken the lead in the Middle East and North Africa construction market, accounting for 67 percent of the total project value...
No VAT impact on construction sector in UAE
Expo 2020, Vision 2021 lead UAE's construction activity.The UAE's construction industry has not been impacted by the recent introduction of 5 per cent value-added...
