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$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)...

Saudi Arabia benefits from high tech in construction of Red Sea Project

Saudi Arabia has undergone huge changes with the introduction of Vision 2030, devised by the Crown Prince Mohammad bin Salman, which has, among other things,...

UAE: The $1.36bn Jubail Island development will be a collection of villages located between...

Jubail Island Investment Company (JIIC) has awarded the construction contract for the first phase of 300 villas managed by UAE master-developer LEAD to Arabian...

$13.3bn in Saudi entertainment projects across 14 cities

The projects will be located in Riyadh, Kharj, Makkah, Jeddah, Taif, Dammam, Khobar, Al Ahsa, Madinah, Yanbu, Abha, Jazan, Buraidah and TabukSaudi Entertainment Ventures...

Saudi Arabia dominates Middle East and North Africa construction market

Saudi Arabia has taken the lead in the Middle East and North Africa construction market, accounting for 67 percent of the total project value...

No VAT impact on construction sector in UAE

Expo 2020, Vision 2021 lead UAE's construction activity.The UAE's construction industry has not been impacted by the recent introduction of 5 per cent value-added...

Construction projects planned and ongoing by world’s megacities valued at $4.2trn

A total of 6,645 planned and ongoing construction projects by the world’s megacities, valued at US$4.2trn and fueled by the increase in population, are...

Construction in Peru to reach US$36 billion

The value of the Peruvian construction industry could increase to US$36.6 billion by 2023, up from its valuation of US$28.7 billion in 2018, according...

New York City construction spending to hit $190B by 2022

Construction spending in New York City, according to the New York Building Congress' latest outlook report, will hit almost $190 billion between 2019 and the end...

Green light for US$9 Bn Can Gio Tourist City development in Vietnam

The Vietnamese government has approved a US$9.3bn Can Gio Tourist City project, a residential and tourism development within the buffer zone of the Can Gio...