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World Economic Forum: Future Scenarios and Implications for the Construction Industry

Incremental change is not an option any more in the construction industry. By redefining the ultimate frontier, leapfrogging innovations in construction will finally help...

Economic reforms to benefit builders in Saudi Arabia

Increased government spending and progress on multibillion-dollar construction projects may fuel growth in Saudi Arabia’s property sector, real estate services firm JLL said.Public Investment...

Value of global civil engineering market to reach $12.5tn in 2025

The global civil engineering market will be valued at $12.5tn by 2025, growing from its 2018 value of $9tn on the back of greater...

H2 2019 construction start for Saudi Arabia’s $23bn Riyadh projects

The construction of four $23bn (SAR86bn) urban development projects in Saudi Arabia – including the world’s largest park – will create 70,000 jobs in line with Vision...

New York, Chicago among the world’s 2019 ‘construction mega cities’

The U.S. metros of New York City, Chicago, Los Angeles, Houston, Miami, Atlanta, Washington, D.C., Las Vegas, San Francisco and Boston, according to Information...

Global construction sector to grow 35% to 2030 on urbanisation, softer pandemic impact

The petrochemicals-intensive construction sector is expected to continue expanding as relentless urbanisation in China and other developing economies fuels above-than-average growth.Analysts at Oxford Economics...

Mega project: Dubai’s new $5 billion ‘Moon’ proposed as UAE shoots for the stars

Dubai could have a $5 billion moon building in the form of destination resort, Canadian architectural company and intellectual property licensor, Moon World Resorts...

Egypt launches phase 2 construction of Orouba Skyline

Egypt’s real estate developer Orouba Misr Development has launched the second phase construction of the US$ 433.9m Orouba Skyline Compound in Smouha neighborhood, Alexandria.The Orouba Skyline project, divided into 4...

Sub-Saharan Africa construction sector to grow, despite concerns

Mace’s latest Market View for Sub-Saharan Africa (SSA) reports that construction activity is forecast to grow across the region, despite a number of significant...

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 sectorMarginal construction...