China’s property ‘inventory overhang’ could take more than 10 years to correct, economist says
China is facing the prospect of a long-drawn correction in its property sector, with the overhang in the housing inventory likely to take more...
Luxury Hotel Market to Grow to $115.80 Billion by 2025
The global luxury hotel market is expected to reach $115.80 billion by 2025, according to a new report by Grand View Research, Inc. Registering a 4.3...
Saudi Arabia signs deal with firms to build new King Salman International Airport
Plans for the development of Riyadh’s future King Salman International Airport are proceeding apace.
King Salman International Airport Development Company (KSIADC), the subsidiary of Saudi...
Build Expo Returns Stronger Than Ever on October 9-12!
The leading exhibition of the construction and building industry returns dynamically this year at the Metropolitan Expo in Athens, Greece, bringing together the most...
Ranked: The Cities with the Most Skyscrapers in 2023
When it comes to soaring skylines and architectural marvels, no country has embraced the vertical revolution quite like China.
In this graphic, which uses data...
Construction grows at an “accelerated pace” in Saudi Arabia
Over the last decade, Saudi Arabia has seen some of the largest scales of construction investment. This is in line with the kingdom’s economic...
GlobalData: COVID-19 ravaged construction industry in South and South-East Asia set to post V-shaped...
The stringent lockdowns and social distancing norms due to COVID-19 have severely disrupted the construction industry across South and South-East Asia. Consequently, the industry...
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...
Saudi Arabia’s construction pipeline for next 8 years is worth $2.1tn
Saudi Arabia’s construction sector has projects worth $2.1 trillion in the pipeline for the next eight years, according to a senior executive.
Speaking on the...
Abu Dhabi’s ADFG seeks new projects in Saudi holy city
Abu Dhabi Financial Group and Jabal Omar Development Company sign agreement for Makkah partnership
Abu Dhabi Financial Group (ADFG) and Jabal Omar Development Company (JODC),...
