Mega project: Dubai’s new $5 billion ‘Moon’ proposed as UAE shoots for the stars
Dubai could have a $5 billion moon building in the form of destination resort, Canadian architectural company and intellectual property licensor, Moon World Resorts...
Mexico’s construction sector finally bounces back to pre-pandemic levels
Mexico’s construction sector has finally managed to overcome the negative effects of the COVID-19 pandemic, reporting its highest production value in three years.The latest...
GCC real estate sector to grow with projects worth $1.68 trillion in 2024
The real estate sector in the Gulf Cooperation Council (GCC) countries has been witnessing remarkable growth since the beginning of 2024. The total value...
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...
Year-End U.S. Hotel Construction Pipeline Continues Steady Growth
At the end of 2018, analysts at Lodging Econometrics (LE) reported that the total U.S. construction pipeline continued to trend upward with 5,530 projects/669,456...
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...
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...
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...
Saudi construction sector to rebound as Giga projects pick up pace
Saudi Arabia’s construction sector has shown signs of recovery in the third quarter of 2022 as became evident following the rise in local cement...
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...
