The novel Coronavirus which emerged in December last year from Wuhan city of China has killed over 2,765 people (as of 26 February 2020), and critically affected over 81,000 people globally.
The novel Coronavirus which emerged in December last year from Wuhan city of China has killed over 2,765 people (as of 26 February 2020), and critically affected over 81,000 people globally.
Topics: General- Opinion- construction
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More than 5,564 active construction projects are currently ongoing in Saudi Arabia at a value of $1.1Tn, and the Kingdom's construction market is expected to register a compound annual growth of 6% between 2019 and 2024.
Topics: General- Industry Reports- construction
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As of the start of Q3 2019, Bahrain had over 700 active projects with a combined estimated value of $236.5 billion. The Oil & Gas sector registered the highest value (64.7%) of ongoing projects compared to the Urban (28.2%) and Infrastructure (7.1%) sectors. While the Infrastructure sector may be the smallest of the three sectors currently in the construction phase, there is a strong emphasis on the sector which is consistent with Bahrain’s Vision 2030 that seeks to improve infrastructure and housing.
Topics: construction- insights- intelligence
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The UAE is home to some of the world’s finest, largest, and tallest projects. With a strong vision to list UAE among the best countries in the world by the Golden Jubilee of the Union in 2021, the country continues to soar to greater heights.
Topics: construction- insights- intelligence
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As of the third quarter this year, the GCC has over $1.4 trillion worth of Infrastructure projects, making it the second largest sector of the construction industry in the region.
Topics: construction- insights- intelligence- constructiontech
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The construction industry is the highest and most significant sector directly contributing to the economic growth, also generating employment opportunities within several sectors like finance, infrastructure, urban construction and oil & gas. Having a strong construction sector with thorough safety regulations in place can help yield foreign investment.
Topics: construction- construction tendering- constructiontech
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For Q3, Saudi Arabia continues to lead the GCC construction market with a strong pipeline of urban projects worth over $1 trillion. Based on a recent survey by the General Authority of Statistics in Riyadh, the economy saw a slight growth by 1.6 per cent in the first quarter of 2019 as compared to 1.3 per cent in the same period last year.
Topics: General- Industry Reports- construction
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The GCC is constantly at the forefront of architecture that marvels the world. From the iconic Burj Khalifa in the UAE to the luxurious Kingdom Centre in Saudi Arabia, the region has moved on from lush landscaping designs to initiatives that closely contribute to sustainable solutions. Here’s our pick of the top 5 architectural masterpieces to watch out.
Topics: construction- construction tendering- insights- intelligence- constructiontech- architecture- desgn
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The construction industry has its fair share of seasonality and this year is no different. With June officially heralding summer, below is a survival guide on how to avoid the summer slump in business and instead “make hay while the sun shines!”.
Topics: construction- tendering- eTendering- construction tendering- insights- intelligence- constructiontech
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The United Arab Emirates, a key member of the Organization of the Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF), has been significant to oil & gas markets internationally.
Topics: General- Industry Reports- Opinion- construction
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