Middle East hotel sector heats up in 2018
Growth in the hotels sector in the Middle East and Northern Africa (MENA) shows little sign of abating – or even taking a breath – according...
East Africa construction industry outlook promising-report
The total number of projects in East Africa has risen by a substantial 96% between 2017 and 2018 with an equally substantial increase of...
US tops global hotel construction pipeline
The global hotel construction pipeline, led by the U.S., is at a record high, according to Lodging Econometrics, with 14,051 projects (2.3 million rooms) under...
USA: Construction starts down significantly in first half of 2020
Dodge Data & Analytics released its findings on construction starts from the first half of the year, sharing that the pandemic and resulting recession wreaked...
Construction spending falls in New York City, but outlook is positive
Construction spending in one of the country’s largest markets is rebounding from last year’s dip, when non-essential construction paused for 11 weeks due to...
‘Discover NEOM’ tour kicks off in Saudi’s Jeddah to promote $500 bln mega project
NEOM has kicked off its Discover NEOM tour in Jeddah to promote investment opportunities in the $500 billion mega project in Saudi Arabia’s Red...
Middle East to see smallest rise in construction cost among global markets
Cost of construction in the UAE stands at $1,455 per square metre, compared with $3,900 in New York, Turner & Townsend report says
The Middle...
Construction start of Abu Dhabi’s Bloom District likely in 2019
Abu Dhabi Urban Planning Council (UPC) has approved the total gross floor area of the 2.2km² megaproject, and a groundbreaking ceremony could be held in...
Sheikh Mohammed approves $8.7bn homes plan for UAE
Following the directives of President Sheikh Khalifa bin Zayed Al Nahyan, the homes will be delivered up until 2025
Sheikh Mohammed bin Rashid Al Maktoum,...
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...
