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...
The Big 5 Exhibition returns in Dubai from 26 to 29 November 2018
The 39th edition of the Big 5 show, the largest construction event in the Middle East, will be held at the Dubai World Trade...
China’s construction industry on rapid growth since 1978
China's construction industry has seen rapid expansion since the country began to implement the reform and opening up policy in 1978, data showed.
The value-added...
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...
Luxury Hotel Market to Grow to $115.80 Billion by 2025
The global luxury hotel market is expected to reach $115.80 billion by 2025, according to a new report by Grand View Research, Inc. Registering a 4.3...
