Construction Equipment Industry Expects Slow Recovery
The right conditions are crucial for renewed growth. bauma 2025, the world's leading trade fair for the sector, will provide the impetus.
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February 2025
UMM AL QURA FOR DEVELOPMENT AND CONSTRUCTION ANNOUNCES ITS INTENTION TO FLOAT ON THE SAUDI EXCHANGE’S MAIN MARKET
MAKKAH, Saudi Arabia – February 2, 2025 – Umm Al Qura for Development and Construction (“Umm Al Qura”, the “Company” or the “Issuer”), the owner, developer and operator of MASAR De...
Read →January 2025
Saudi Arabia Pushes Green Construction with Vision 2030 Reforms
Saudi Arabia’s construction sector is spearheading sustainability as part of the Kingdom’s Vision 2030 economic reform agenda, transforming industries through eco-conscious strateg...
Read →January 2025
DSI Partners with El Amar Group to Expand in Egypt and Saudi Arabia
Drake & Scull International (DSI) has reported a profitable performance for the nine-month period ending 30 September 2024, with a net profit of AED 3.79 billion, a significant...
Read →January 2025
Aldar’s UAE and International Backlog Surge to AED 40.5 Billion
Aldar Properties, the Abu Dhabi-listed real estate developer, has seen its revenue backlog in the UAE surge to AED 40.5 billion ($11.03 billion) as of September 2024, marking signi...
Read →December 2024
Emaar Properties to Distribute 100% of Share Capital as Dividends amounting to AED 8.8 billion (US$ 2.4 billion) for 2024 doubling 2023 dividend
United Arab Emirates, DUBAI – 13 December 2024: Emaar Properties PJSC has announced its decision to distribute 100% of its share capital as dividends for the year 2024 amounting to...
Read →December 2024
The International Code Council strengthens partnership in the Kingdom of Saudi Arabia to drive Innovation in Sustainable Construction
Collaborates with SBCNC and MOMAH to promote innovative and sustainable construction, including issuing the Code Compliance Report (ESR) Participates at Cityscape Global exhibi...
Read →November 2024
Zamil and Wolffkran to Establish Saudi Arabia’s First Tower Crane Manufacturing Facility
In a major milestone for Saudi Arabia's construction and industrial sectors, Wolffkran Holding and Zamil Group Investment Company have joined forces to establish the Kingdom’s firs...
Read →November 2024
Ethiopia's New Plant to Produce High-Quality Building Materials and Stabilize Prices
A new manufacturing plant for pre-fabricated building materials has officially begun production in Ethiopia, marking a transformative step for the country’s construction sector. Th...
Read →November 2024
Luxury Dubai Villa Rents for AED8.5m Over Two Years
Demand for premium, ready-to-move-in homes intensifies as wealthy investor interest soars
Read →November 2024
Dubai's Canal Front Anticipates 40% Surge in Property Values Amid Major Investments
Driven Properties' strategic acquisitions solidify its dominance in Canal Front
Read →October 2024
Dubai Real Estate Collaboration Can Build ‘Greatest City in The World’
New training initiative encourages brokers to shift from outdated mindset of one-way competition
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