construction

Saudi Arabia saw a 79 percent increase in the value of construction contracts awarded during the first quarter of 2024, reaching SR118.8 billion ($31.65 billion), a new analysis showed. The latest US-Saudi Business Council report reveals…
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Qatar’s construction sector is experiencing robust growth, with the nation documenting a 36 percent month-on-month rise in building permits in July. This surge, highlighted in the latest data from the National Planning Council, reflects…
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Saudi Arabia has solidified its status as a leading force in the global construction industry, demonstrating remarkable performance in the second quarter of 2024. According to the Royal Institution of Chartered Surveyors’ Global…
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Saudi holy city Makkah is set to see a boost in its commercial infrastructure with Alandalus Property Co. commencing construction on an SR831 million ($222 million) project. In a statement to Tadawul, the Saudi-based real estate firm…
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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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