China’s property giant Evergrande files for bankruptcy protection in US
China’s Evergrande Group, the world’s most heavily indebted property developer, has filed for bankruptcy protection in a US court.The company sought protection under chapter...
Riyadh to double in size with $1 trillion projects underway
Riyadh aims to double in size over the next seven years on the back of $1 trillion infrastructure projects across the Saudi capital in...
Mexico’s construction sector finally bounces back to pre-pandemic levels
Mexico’s construction sector has finally managed to overcome the negative effects of the COVID-19 pandemic, reporting its highest production value in three years.The latest...
Project Oman 2023: International Construction Technology, Infrastructure and Building Materials Exhibition
The Sultanate of Oman is considered as one of the fastest-growing countries in terms of infrastructure development. The country’s five-year plan and Vision 2040...
Giga-project investment boosts Mideast construction markets
Leading Middle East markets continue to experience high-growth in construction activity, as the region invests in nation-building agendas that support economic diversification away from...
NEOM collaborates with ministries in achieving Vision 2030 goals
Saudi Arabia’s $500 billion giga-project NEOM has signed partnership agreements with the various ministries to improve investment opportunities and boost cooperation.NEOM has signed a...
Bugatti unveils plan for curvy, drive-in tower in Dubai
Emirati property developer Binghatti has teamed up with Italian luxury car brand Bugatti to design a post-modern apartment block for Dubai.They aim to put...
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 planThanks to the...
Ranked: The Cities with the Most Skyscrapers in 2023
When it comes to soaring skylines and architectural marvels, no country has embraced the vertical revolution quite like China.In this graphic, which uses data...
Global construction industry growth will remain sluggish in 2023
The global construction industry’s growth is forecast to remain sluggish in 2023, expanding by just 0.8%. Excluding China, the industry will contract by 0.1%,...
