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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...

$1bn Dubai Creek Tower hits construction milestone

Centrepiece of the 6 sq km Dubai Creek Harbour project completes concrete placement for the pile cap two months ahead of scheduleDubai Creek Tower,...

What lies ahead for the UK construction industry in the wake of Carillion?

2018 has been a tough year so far for the construction industry. Construction output has been falling and falling hard. January and February saw...

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...

Abu Dhabi’s ADFG seeks new projects in Saudi holy city

Abu Dhabi Financial Group and Jabal Omar Development Company sign agreement for Makkah partnershipAbu Dhabi Financial Group (ADFG) and Jabal Omar Development Company (JODC),...

GCC construction deals set to rise to $148.7bn in 2018

New research says the UAE will award a third of the region's construction contracts this year Rising oil prices and increased government spending is fuelling...

UAE remains No.1 in GCC for construction

The UAE remains the No.1 construction market in the GCC, and is on track to deliver growth in 2018 in the lead-up to Expo...