Construction in Peru to reach US$36 billion
The value of the Peruvian construction industry could increase to US$36.6 billion by 2023, up from its valuation of US$28.7 billion in 2018, according...
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...
Middle East hotel sector heats up in 2018
Growth in the hotels sector in the Middle East and Northern Africa (MENA) shows little sign of abating – or even taking a breath – according...
Middle East and North Africa (MENA) construction boom: Saudi leads market, Egypt, Ethiopia shine...
Construction activity in the Middle East and North Africa (MENA) region has been relatively sluggish and is forecast to grow at 3.3 percent in...
Innovative “The Star”: High-Rise in Hollywood Combines Offices, Gardens, and Panoramic Views
Foster + Partners has unveiled their design for a one-billion-dollar "vertical creative office" on Sunset Boulevard in Hollywood.The project, named "The Star" and designed...
Saudi Arabia’s construction projects valued at $284bn in 2017
Saudi Arabia’s construction projects were worth more than $284.3bn (SAR1tn) in 2017, when 700 new schemes were expected to be launched in the following months. These...
Country Garden Winding-Up Petition Signals Deepening Crisis in China’s Real Estate Sector
Country Garden Holdings has said a liquidation petition has been filed against the property developer for non-payment of a loan worth $205m, adding to...
Saudi Arabia plans $2.7bn Red Sea gigaproject contracts by end-2020
The first phase of the project is expected to be completed by 2022, and will include hotels and a commercial airportRed Sea Development, the...
7 global airport projects are faring during the pandemic
On a global scale many airport construction projects are continuing while some are being backburnered due to environmental reasons. Here is a look at...
$ 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...
