Construction industry voices 2019’s expectations in Big 5 survey
Respondents from the Big 5 construction show survey have revealed that “strong competition” and “cost-driven decision making” will be regarded as the main challenges...
Phase 1 construction on Saudi Arabia’s $500bn Neom complete
Strategic work on Saudi Arabia’s Public Investment Fund-backed (PIF) futuristic Neom gigaproject will complete by the end of 2019, chief executive officer of the...
$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)...
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%...
Sub-Saharan Africa construction sector to grow, despite concerns
Mace’s latest Market View for Sub-Saharan Africa (SSA) reports that construction activity is forecast to grow across the region, despite a number of significant...
Dubai’s Emaar unveils $6.8bn community near Mina Rashid port
Dubai real estate developer Emaar Properties has launched a $6.8bn leisure and residential scheme, as well as 'The Dubai Mall by the Sea', at Mina Rashid...
Abu Dhabi’s $1.4bn Jubail Island megaproject to complete in 2022
In line with the goals of Abu Dhabi Vision 2030, Jubail Island Investment Company (JIIC) has launched a $1.36bn (AED5bn) mixed-use megaproject spanning 400ha at...
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,...
Marriott International to launch 19 new hotel properties, 3,000 rooms in MENA region this...
The hospitality group will be adding 19 new hotel properties and more than 3,000 rooms to its Middle East, Africa portfolio in 2019. They...
Construction starts on $1.2bn Reem Mall’s Snow Park in Abu Dhabi
Construction work has started on the 1.1ha Snow Park within Abu Dhabi’s Reem Mall, a $1.2bn (AED4.4bn) project at Reem Island’s Najmat District that will...
