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...
Saudi Arabia presents $134bn construction projects in Riyadh
Construction projects worth more $133.3bn (SAR500bn) in Saudi Arabia were presented to contractors at an event organised by Saudi Contractors Authority.
The projects were showcased...
Saudi Arabia’s King Salman unveils $22bn Riyadh development projects
Saudi Arabia’s King Salman bin Abdulaziz Al Saud, Custodian of the Two Holy Mosques, has approved 1,281 cross-sector development projects in Riyadh.
King Salman laid...
Almost $30bn in hotel construction contracts to be awarded by 2023
Nearly $30 billion worth of hotel construction contracts will be awarded in the Middle East and North Africa between now and 2023, according to...
MENA construction sector to grow at fastest pace globally on government spending
The construction sector in the Middle East and North Africa will grow at the fastest pace globally in 2019 as regional governments continue to...
Construction on Saudi Arabia’s 334km² Qiddiya to start in 2019
Construction on Qiddiya, Saudi Arabia’s planned 334km2 entertainment gigaproject by Public Investment Fund (PIF), will reportedly start this year.
Speaking to Riyadh-based news outlet Arab News,...
Cambodia: Ministry of land calls for construction investment boost
The Ministry of Land Management urged foreign investors to increase investment in Cambodia’s real estate sector to take advantage of the country’s healthy economic...
