Friday 28 August 2015
 
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Construction

GCC contract awards to hit $194bn this year

The value of contract awards in the GCC could reach $194 billion this year, a decline of about $2 billion from last year, said a report released ahead of The Big 5, an international building and construction show to be held in Dubai, UAE, in Nov

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Turkey sees boom in hotel construction

Hotel construction in Turkey is at an all-time high with 75 projects and 12,968 new rooms in the pipeline, a new report has revealed. The report, by leading global hotel projects database Tophotelprojects, comes on the back of a 70 per

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Saudi Arabia's MMG appoints new CEO

Saudi construction company Mohammad Al Mojil Group (MMG) has appointed Hafiz Shafei as its new chief executive officer, the company which is restructuring operations following heavy losses, said on Monday. Prior to his appointment

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South Korea eyes construction deals in Iran

South Korean government and corporate officials are visiting Iran this week to hunt out possible deals in the construction and oil and gas industries since an agreement was reached to lift sanctions on Tehran. Iran is targeting oi

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S Korea eyes deals in Iran’s energy, construction market

South Korean government and corporate officials are visiting Iran this week to hunt out possible deals in the oil, gas and construction industries since an agreement was reached to lift sanctions on Tehran. Iran is targeting oil a

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Tenders invited for Duqm service corridor construction

Oman’s Special Economic Zone Authority (Sezad) has invited tenders for building a service corridor between Duqm Refinery and a liquid jetty, a report said. The scope of work for the service corridor includes earthworks, secu

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Black & Veatch celebrates 100 years

Black & Veatch, a global leader in infrastructure works, today marks 100 years of providing critical infrastructure solutions for clients around the world. Founded in 1915 by Ernest Bateman Black and Nathan Thomas Veatch with

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Global housing construction to reach 63m units by 2019

Worldwide construction of new housing units is forecasted to increase three per cent annually to 62.6 million units in 2019, according to a new study from The Freedonia Group, a Cleveland-based market research firm. While global p

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Global housing construction to reach 63m units by 2019

Worldwide construction of new housing units is forecasted to increase three per cent annually to 62.6 million units in 2019, according to a new study from The Freedonia Group, a Cleveland-based market research firm. While global p

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Qatar construction growth 'to continue regardless of World Cup'

Qatar's construction sector growth will continue regardless of the status of the World Cup as much of the infrastructure pipeline is not directly linked to the event, said a report. Over the next 10 years, annual average growt

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