Housing projects in Egypt could see delays in delivery to clients and even face cancellations due to impact of the recent revolution in Egypt, according to a report by Jones Lang LaSalle.
Construction
Dubai to finance new road infrastructure projects
Dubai has hired four local and international banks to raise US$800mn by securitising Salik road toll receipts and will use the proceeds to fund infrastructure projects according to a recent government statement.
OMICRON testing technology for the world's tallest building
Omicron technology is used to test the partial discharge of power supply to the Burj Khalifa tower.
Saudi construction sector surges in Q1
Saudi Arabias construction sector recorded a big leap in Q1, with the value of contracts awarded by the government rocketing by more than five times over the same period of last year.
Work starts on Caterpillar?s Jafza Middle East Distribution Centre
Caterpillar Logistics Services, Inc. (Cat Logistics), a wholly-owned subsidiary of Caterpillar Inc., has started construction work on a new regional parts distribution centre in Jafza.