While the GCC construction industry remains positive about 2015 with 77 per cent of respondents to a survey stating they were optimistic, their confidence levels have fallen by 13 per cent from last year, a report said.
The drop i
Saudi Arabia and the UAE are at the forefront of the $1.5 trillion GCC construction market with projects estimated at $629 billion and $494 billion respectively, a report said.
To support every sector of the industry, The Big 5, t
The Big 5, the largest event for the construction industry in the Middle East, will introduce new features to help drive the estimated $195 billion worth of construction projects expected to start in the GCC over the next two years.
The civil construction boom across the Arabian Gulf will reach in excess of $330 billion by the end of 2008, more than ten times the annual investment being made in the region’s cash-rich oil and gas industries, according to a new research.