Construction industry’s 2022 growth will decrease to -3.1% in North America
Due to greater than expected inflationary pressure and further interest rates hikes, construction output in North America is forecast to contract to -3.1% in...
Global house price downturn fades, most markets to rise in 2024
The recent downturn in global property prices is mostly over with average home prices in major markets now expected to fall less than anticipated...
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),...
Revolutionising The Future Of East Africa Construction Industry
The Kenya Vision 2030 aims to transform Kenya into a newly industrializing, middle-income country providing a high quality of life to all its citizens...
Saudi Arabia’s King Salman unveils $22bn Riyadh development projects
Saudi Arabia’s King Salman bin Abdulaziz Al Saud, Custodian of the Two Holy Mosques, has approved 1,281 cross-sector development projects in Riyadh.King Salman laid...
US $20bn Entertainment District set to be constructed in Egypt
An Entertainment District is set to be constructed in Egypt at a cost of US $20bn. This is after ATIP New Capital Entertainment (ATIP...
What is on the horizon for the Middle East and North Africa construction sector...
The Middle East and North Africa (MENA) construction sector is expected to be bit by the triple whammy of lower oil production, low oil...
The Big 5 Dubai to support MENA region’s $5.06tn future projects market
Construction stakeholders from across the globe will explore new opportunities at this year’s The Big 5 event, which will return to the Dubai World...
World cities prime residential forecasts 2023
The regional hubs of Dubai and Singapore are forecast to top the global price growth charts in 2023. Both cities will continue to benefit...
German housebuilding is collapsing – and could drag the economy down with it
Companies are canceling residential construction projects, order numbers are shrinking and the outlook for the industry appears bleak, a report by the Ifo Institute...
