Middle East Construction News
Truck&Fleet ME – November 2024. MEConstructionNews.com is the central website of leading construction magazines - Big Project Middle East, Construction Machinery Middle East, Middle East Consultant and Truck & Fleet Middle East. A one stop shop updated daily with industry news, interviews, analysis, expert opinion, videos and more.
Construction costs in the Middle East set to rise by up to 7% in 2024
Feb 20, 2024 · Construction costs in the UAE and Saudi Arabia are predicted to increase by 2-3% and 5-7% respectively in 2024, intensifying the financial pressure on the construction industry, according to a new report by Currie & Brown, a global leader in cost management, project management, and advisory services. This follows a year of significant increases ...
News
News. Adam Smith on the future of Infrastructure and Sustainability. Al Shirawi Machinery and Hyundai Construction Equipment in a Key Deal. Harnessing the power of the cloud to deliver Triple Bay Yacht Club in Saudi Arabia. Upon completion of the 10 substations, the Iraqi transmission system will be able to... The residential project will offer ...
Live Events - Middle East Construction News
Live Events Construction Disruption: The Future of Sustainable and Smart Cities | Digital Construction Summit 2024. As we strive to build more sustainable, productive, and intelligent cities, our industry is undergoing a major transformation.
Real estate repercussions
Posted on October 28, 2024. JLL’s Barry O’Reilly discusses the ripple effect of Saudi Arabia’s construction boom on the UAE’s real estate market. Since the launch of Saudi Arabia’s giga projects, the Kingdom has emerged as a key driver in the construction sector in the Middle East. In fact, 39% of the MENA project pipeline is in KSA ...
The ripple effect of Saudi Arabia’s construction boom
Jul 11, 2024 · In fact, 39% of the Middle East and Africa (MENA) project pipeline is in KSA, with activity forecast to experience 4% growth each year between 2024 and 2027. According to the Saudi Contractors Authority (SCA), the building and construction sector contributes 6% to GDP, making it the second-largest non-oil sector in the country.
Magazine - Middle East Construction News
MEConstructionNews.com is the central website of leading construction magazines - Big Project Middle East, Construction Machinery Middle East, Middle East Consultant and Truck & Fleet Middle East.
Magazine Archive - Middle East Construction News
MEConstructionNews.com is the central website of leading construction magazines - Big Project Middle East, Construction Machinery Middle East, Middle East Consultant and Truck & Fleet Middle East.
Climate Positive Concrete - Middle East Construction News
Climate Positive Concrete. Adam Smith on the future of Infrastructure and Sustainability. Al Shirawi Machinery and Hyundai Construction Equipment in a Key Deal.
Record-breaking year for Mace as series of major projects complete
Jul 17, 2024 · For the year 2023, Mace reported a revenue of AED 11.24 billion (£2.36 billion), marking a 25% increase from 2022’s AED 9 billion (£1.89 billion). The operating profit soared by 94%, reaching AED 306.3 million (£64.3 million), while the profit before tax rose by 68% to AED 293.9 million (£61.7 million). The company also saw a 42% increase ...