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...
The hotel construction activity globally the 2021
Globally too, the hotel construction activity fell with a total of 221,789 rooms being built in 2021, down 7.6 per cent over the previous...
Sub-Saharan Africa’s rising debt levels cloud construction growth in 2023
Construction output in Sub-Saharan Africa grew by an estimated 1.7% in 2022, compared to a growth of 3.2% registered in 2021. The industry is...
