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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...

The GCC’s top entertainment construction projects of 2019

The definition of an ‘entertainment project’ has steadily evolved in the GCC's construction industry over the past decade. Billions of dollars have been pumped...

Hilton to open 100 hotels across the Middle East region in the next five...

Hilton expects to open almost 100 hotels in the region in the next five years,  mainly in markets such as the United Arab Emirates,...

$ 15 trillion the revenues of global construction industry by 2025, Deloitte reports

Although global economy shows signs of a slight slowdown, the construction industry continues to grow moderately, with positive outlook, according to Deloitte Global Powers...

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%...

Construction equipment sales to fall 19%

Global construction equipment sales are expected to fall 19% this year from the 2018-2019 peak of 1.1 million machines to 891,000 units, according to...

VAT reduction in China is giving boost to iron and steel

Continuing tax cuts, urbanization, but also the redefinition of industrial production beyond raw materials, will assist in the development of the Chinese iron and...

Zimbabwe’s new parliament building construction gets underway

Construction work on Zimbabwe’s new parliament building has been kick-started by President Mnangagwa at a foundation stone laying ceremony carried out recently. The project is being funded...

New York, Chicago among the world’s 2019 ‘construction mega cities’

The U.S. metros of New York City, Chicago, Los Angeles, Houston, Miami, Atlanta, Washington, D.C., Las Vegas, San Francisco and Boston, according to Information...

India: Starting a new city from scratch

A new city in Southeast India, built literally from scratch along the Krishna River, intends to turn an area of ​​217 square kilometers of...