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UAE construction sector ‘to grow to $50.4bn by 2029’UAE’s construction sector, which has shown 23% growth in Activity Index and achieved $87 billion in project awards in 2023, is projected to grow from $41 billion in 2024 and to $50.40 billion by 2029, with a CAGR of 4.26%. & More… |
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Mena construction sector gathers pace on big Saudi, UAE spendThe construction industry in the Middle East and North Africa (Mena) region continued to maintain momentum in 2021, with a strong finish to the year being a highlight, according to real estate industry expert JLL. More… |
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Top Saudi firms head to Gulf Construction Expo 2022Leading industry players from Saudi Arabia will be taking part in the Gulf Construction Expo 2022 in Bahrain, which is being held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa the Crown Prince and Prime Minister, More… |
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Top Saudi firms head to Gulf Construction Expo 2022Leading industry players from Saudi Arabia will be taking part in the Gulf Construction Expo 2022 in Bahrain, which is being held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa the Crown Prince and Prime Minister, More… |
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Jafza showcasing construction sector expertise at Big 5DP World UAE Region’s Jebel Ali Free Zone (Jafza) will be showcasing its core competencies in the construction and building materials industry with its participation at the upcoming Big 5 expo in Dubai. More… |
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UAE construction sector to grow by 3.8pc in 2021, says expertThe UAE construction industry is expected to grow by 3.8 per cent in 2021, according to latest market research by leading international construction consultancy, Linesight. With the ongoing economic volatility, More… |
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India's construction sector to contract by 1.7pc in 2020, says reportThe Indian construction industry is expected to contract by 1.7 per cent this year, as the slowdown in 2019 has been compounded by the two-month lockdown due to Covid-19, according to GlobalData, a leading data and analytics company. More… |
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WakeCap solutions to empower construction sector against CovidWakeCap, an IoT-based enterprise solution to improve safety and productivity in building work sites, said it will deliver on its promise to empower the construction industry against Covid-19 using technology and data. More… |
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Oman allows firms to hire expats in construction sectorOman's Ministry of Manpower (MoM), in a major move, has permitted some companies to hire expatriate workers provided they meet a set of criteria outlined for the sector. Sheikh Abdullah bin Nasser al Bakri, More… |
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Global construction sector equity deals triple in Q3Private equity deals worth $19.1 billion were announced globally in the construction and real estate industry for the third quarter of the year, according to a report by GlobalData. The value marked an increase of 669.1% over the More… |
