Dubai’s Real Estate Market Thrives in 2024
Dubai’s real estate sector demonstrated strong growth in 2024, with increasing sales and rental prices across all property segments. The city’s strategic urban planning,...
US Census Bureau reports impacts on construction spending
Construction spending showed declines in many sectors in March, when the Covid-19 pandemic delivered its first blows on the world’s economies, but a small...
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...
USA: Home Price-to-Income Ratio By State
With steadily increasing home prices and stagnating wages among lower-wage workers, home ownership for many Americans has become increasingly unaffordable.
The home price-to-income ratio measures...
Texas Construction Industry Booming with Growth
The Texas construction industry is experiencing a period of robust growth, solidifying the state's position as a prime destination for construction investment. Several factors...
$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)...
Indian construction industry output to receive boost from increased capital expenditure in budget
The Indian construction industry is expected to receive a significant boost in 2023, supported by a sharp increase in capital expenditure as part of...
US-Saudi Arabian Business Council economist explains COVID-19 impact on Saudi construction
The global outbreak of the novel coronavirus (COVID-19) pandemic has left an unprecedented impact on local and international stock markets and supply chains, as...
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...
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...
