German construction sector faces major slump in 2024
Germany's building industry is in crisis, according to two research institutes. The downward trend comes on the heels of a more than decadelong boom.Germany's...
Saudi Contractors Authority to showcase $53bn projects at 2019 event
Saudi Contractors Authority will showcase projects worth more than $53bn (SAR200bn) at an event to be held in February 2019, in line with the goals...
China’s Country Garden eyes debt deal, Evergrande creditors anticipate liquidation
China’s Country Garden may announce a restructuring of its offshore debt soon, local media reported, while bondholders of embattled peer China Evergrande Group raised...
Indonesia: The plan for the new city
The Indonesian government will offer companies tax relief for 30 years and a 350% “super-tax deduction” for spending on research and development if they...
German housebuilding is collapsing – and could drag the economy down with it
Companies are canceling residential construction projects, order numbers are shrinking and the outlook for the industry appears bleak, a report by the Ifo Institute...
‘Cityscape Global Exhibition’ concludes with investments exceeding $29.33bln and over 160,000 visitors
Saudi real estate exhibition Cityscape Global saw $29.3bn of investments.Cityscape Global Exhibition, held at the Riyadh International Exhibition and Convention Centre in Riyadh, concluded...
The building blocks of the country’s future
On the back of a massive ongoing plan by the Philippine government to upgrade and modernize the country’s infrastructure, the construction industry is in...
Dubai prepares to tender Al-Maktoum airport construction this month
Leading local and international contractors are in joint-venture talks for the substructure contractA senior source managing the development of Al-Maktoum International airport says Dubai Aviation...
Huge turnout expected at the exhibition Build EXPO 2022
The construction industry's biggest event starts in a few days and will be one of the greatest in recent years.Build EXPO, a milestone for...
China Unveils Sweeping Measures to Rescue Property Sector
Chinese authorities have unveiled sweeping measures to rescue the country's struggling property sector, as regulators seek to offset years of harsh pandemic curbs and...
