construction

Saudi Arabia’s construction output value is projected to hit $181.5 billion by the end of 2028 — a 28 percent rise over five years, according to global property consultancy Knight Frank, An analysis by the firm found that output value…
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Saudi Arabia led global construction activity in the first quarter, with a $1.5 trillion pipeline of unawarded projects, according to data analyzed by JLL. The latest report by the real estate services company reveals that the Kingdom…
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Saudi Arabia’s building materials supply is set to get a boost with the signing of a deal between the National Housing Co. and a leading Chinese construction firm. The agreement with China’s CITIC Construction Group seeks to establish an…
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Saudi Arabia’s building materials sector is experiencing a boom as investment volume in 2023 amounted to SR336 billion ($89.5 billion), up 0.9 percent from 2022. The Ministry of Industry and Mineral Resource’s National Industrial and…
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The Saudi Public Prosecutor’s office has completed its investigation into a series of robberies carried out by five Saudi citizens, the Saudi Press Agency reported on Monday. The group stole valuable equipment, cut electrical cables from…
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Orange-red ground has been broken in the jungle of East Borneo, where the Indonesian government has begun construction of its new capital city. Officials promise a “sustainable forest city” that puts the environment at the heart of…
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The King Salman Park Foundation has awarded contracts worth SR3.847 billion ($1 billion) to a group of national companies to implement parts of the King Salman Park project, coinciding with the start of construction work, Al Eqtisadiah…
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Saudi Arabia is working to increase the construction of projects in its NEOM megaproject, CNBC Arabia reported, citing sources. The state-owned company plans to offer tenders for building labor cities accommodating up to 100,000 workers,…
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About 150 design and construction companies visited NEOM in the last four days, as the Saudi giga project aims to explore partnership opportunities. NEOM is seeking contractors for, and investors in the giga project, which is located in…
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Brazil is building a colossal statue of Jesus Christ in the south of the country, with rooms and an elevator inside that enables tourists to climb to a great height. The statue of "Christ the Protector" is being erected in Incantado, a…
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