The Big 5 Saudi 2023: The event’s success was considerable
Following its successful 11th edition with more than 44,542 attendees, the Big 5 Construct Saudi, the kingdom’s leading construction event, attracting hundreds of participants...
US: Banking turmoil stirs up new headwinds for construction
Signs point to decreased construction activity in coming months as financing costs for many developers have become prohibitively high, sources told Construction Dive.For example,...
Saudi Arabia Unveils A Large-Scale Cube-Shaped Skyscraper The Mukaab In Downtown Riyadh
The Saudi Arabian government has unveiled design for a large-scale cube-shaped skyscraper for downtown Riyadh, Saudia Arabia.Dubbed The Mukaab, the 400-metre-high skyscraper is set...
Saudi and UAE lead $1.36tn Middle East construction boom
Saudi Arabia and the UAE lead a Middle East construction sector with a total pipeline of $1.36bn of projects under development, according to real...
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...
Middle East real estate predictions for 2023
Middle East economies are among the fastest-growing in the world, due to higher government revenues and increased spending by regional governments.Bahrain, Oman and the...
New hotel projects in the Middle East continued to trend upward throughout 2022
81 new hotels accounting for 17,736 rooms opened in 2022, according to Lodging EconometricsHotel development in the Middle East is ramping up as investors...
‘Discover NEOM’ tour kicks off in Saudi’s Jeddah to promote $500 bln mega project
NEOM has kicked off its Discover NEOM tour in Jeddah to promote investment opportunities in the $500 billion mega project in Saudi Arabia’s Red...
Indian construction industry output to receive boost from increased capital expenditure in budget
The Indian construction industry is expected to receive a significant boost in 2023, supported by a sharp increase in capital expenditure as part of...
2023 outlook: Real estate investment in the US
The coming year looks set to bring more opportunities for investors than 2022 – once the Federal Reserve is satisfied inflation is under control...
