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...
Construction sector contributed 14.5% to Dubai’s GDP in 2018
Dubai’s GDP recorded a growth rate of 1.94% in 2018 to reach a value of $108.4bn, with the construction, infrastructure, and real estate sectors...
Value of global civil engineering market to reach $12.5tn in 2025
The global civil engineering market will be valued at $12.5tn by 2025, growing from its 2018 value of $9tn on the back of greater...
Chinese construction projects in Egypt’s new capital city model for BRI-based cooperation
On a sunny day, some 45 km east of the Egyptian capital Cairo, one of the gates of the under-construction new administrative capital city...
Saudi Arabia construction projects hit $1tn despite $163bn on hold
Construction projects worth $1.1tn are at various stages of development in Saudi Arabia as developers such as state-owned Saudi Aramco and contractors like Saudi Binladin Group...
