Affordable Housing and Infrastructure are Key

Dec 12, 2018 9:38:02 PM

Developers and investors within the residential development sector remain bullish despite the challenges faced by states across the GCC. Affordable housing tops the bill as residential and infrastructure projects improve quality of life.

Topics: Opinion

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Key Challenges in the Burgeoning GCC Construction Industry

Apr 2, 2018 12:08:44 PM

The first quarter of 2018 has seen an upward trend when it comes to the construction industry in the GCC. Key investments are being made into the diversification of the oil economy across the region, primarily witnessed through the keen development of transport and social infrastructure projects that support the various GCC states’ visions. At the same time, the industry is also experiencing a number of challenges this 2018, and addressing these challenges will further open the doors of opportunity to industry players.

Topics: General- Opinion

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The Beaming Future of Solar Construction - An Unstoppable Force

Mar 26, 2018 8:50:30 AM

As history shows, its possible for sudden, disruptive and largely unpredictable technology shifts to occur. R
enewable energy is one such technology shift that has in recent years been disrupting the oil economy to lead the charge when it comes to energy of the future. With plenty of sun to go around, solar has become one of the most viable energy sources evidenced by the recent spurt of multiple solar construction projects around the GCC region and the world.

Topics: Opinion

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How to Manage Construction Waste and Yield Tangible Benefits for the Environment and Your Business

Mar 19, 2018 11:35:03 AM

Waste generated by construction does not just have a massively negative impact on the environment, it also comes with a huge economic price tag. According to a 
World Bank Report, construction waste from building materials accounts for half of the solid waste generated annually. Therefore, it pays for regional and global players in the construction industry to examine their waste disposal methods and make significant changes to create more sustainable ways of working.

Topics: Opinion- General

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The Impact of Vision 2030 on Saudi Arabia’s Construction Sector

Mar 5, 2018 9:00:00 AM

More than a year and a half after Saudi Arabia unveiled economic reforms under Vision 2030, the Kingdom appears to be making considerable headway in planning and launching key projects that will ultimately give a much-needed boost to its construction sector.

Topics: Opinion- Industry Reports

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The Impact of VAT on the GCC Construction Industry

Feb 5, 2018 9:47:43 AM

December 2017 saw quite a windfall for the UAE construction industry – with the implementation of Value Added Tax (VAT) looming, the most commonly used phrase became, ‘invoice now.’ The introduction of VAT is a GCC wide phenomenon that is touted to diversify the region’s dependency on oil. According to the International Monetary Fund, the introduction of 5% VAT will translate to revenue equating to 1.6% of the GCC’s GDP. While this diversification is of particular importance to the region, the question is how it will affect the construction industry in the short, and in the long term.

Topics: Opinion

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