“The GCC construction industry is at an important turning point. With the outlook for oil prices improving, governments are restarting much-needed infrastructure projects. They are also seeking to build momentum …
“Heading into the final quarter of 2018, it seems that the regional market has yet to recover from the damage caused by low oil prices” “As we enter the final …
“Having long been prevalent in the Middle East’s civil construction space, contractors from China are now looking to new sectors.” “In mid-July, the UAE hosted an official state visit by …
“The IMF’s prediction that economic growth will slow in the region in 2018 has been borne out by a further drop in project awards.” “Although the slowdown may be partially …
“When it comes to winning work in the Middle East and North Africa (Mena) region, however, CGGC, in partnership with local contractors, has so far been awarded only a few …
“Key indicators point to a potential crash looming in Dubai’s projects sector, with significant consequences for the regional market” “Taken in isolation, anecdotal evidence of a market slowdown should be …
“Regional governments need to find investors to help fund their projects as well as contractors to build them” “Expenditure cuts have led to delayed payments, vigorously contested claims and – …
“While focus is on key infrastructure for the event, the 170-plus international participants present both opportunities and challenges” “Visitors to the UAE would be hard pressed to find anyone who …
“All eyes are on the kingdom’s projects market as it seeks to improve on a challenging couple of years” “Over the past two years, there is no regional projects market …