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Middle East leads global hotel construction pipeline

The Middle East continues to have the largest hotel construction projects in the region globally, with most of these developments belonging to the high-end...

Saudi Arabia Picks Chinese Firm to Build New City $2 Billion on Riyadh’s Outskirts

Saudi Arabia's Diriyah Company has signed a major contract with China State Construction Engineering Corp (CSCEC) to develop a brand new urban quarter on...

Big 5 Construct Saudi 2025: The Largest Construction Exhibition in Saudi Arabia

The 13th edition of Big 5 Construct Saudi, organized by dmg events, is set to be the largest construction event in Saudi Arabia, running...

Dubai’s Emaar unveils $6.8bn community near Mina Rashid port

Dubai real estate developer Emaar Properties has launched a $6.8bn leisure and residential scheme, as well as 'The Dubai Mall by the Sea', at Mina Rashid...

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...

Construction output in North America is forecast to grow by 2.4% in 2022 despite...

Although construction output in North America is forecast to grow 2.4% in 2022 and is expected to reach $1.94 trillion, up from $1.89 trillion...

Big 5 Construct Egypt 2023 to boost sustainable growth in $68.5bn market

Set to take place on 19-21 June, the event will focus on several product sectors needed to deliver Egypt’s ambitious development plan Thanks to the...

EU construction sector faces year of decline

In Europe, the issuing of building permits has fallen and building costs are still high, signalling a difficult year for the construction sector Marginal construction...

Major Real Estate Development Plan in Costa del Sol by Rafael Nadal

Tennis star Rafael Nadal and Ibizan hotelier Abel Matutes Prats are about to launch an ambitious real estate development project on Spain's Costa del...

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...