Trends
Rich Russians Dodging Embargo Boost Dubai Housing Market
World Construction Today - The workforce at Mira Estate, a real estate company in Dubai, has grounds to cheer. The first half of 2022 saw a 100% year-over-year surge in sales to purchasers from Russia and other former Soviet...
Infrastructure
The RBA Rate Hikes Further Strain Australian Construction
World Construction Today - The leading organisation for the construction sector in Australia has advised the Reserve Bank to scale back rate increases or risk driving construction companies into financial ruin.
Denita Wawn, CEO of Master Builders Australia, alleged that...
Building Products
Material Prices Increase As The UK Contract Awards Plummet
World Construction Today - As we have recently learned, a week is a very long time in politics, but over the past few days, there has been a lot occurring in the construction data in the UK. Data made...
News
Major Contractors Pledge To Reduce Concrete Carbon Emissions
World Construction Today - As part of a global endeavour, several sizable contractors have vowed to cut their cement carbon pollution and speed up work toward net-zero goals. The ConcreteZero commitment, which seeks to achieve 100% net-zero concrete by...
News
This June, Construction Activity In Australia Had A Drop
World Construction Today – Housing, apartments, and commercial all experienced a dip in activity in June in Australia. All saw a sharp decline in activity from the previous month. In particular, the residential sector was impacted by higher loan...
News
50% Global Construction Workers Witness Clear Discrimination
World Construction Today - According to a recent report from O.C. Tanner, nearly half of construction employees (49%) have seen incidences of overt discrimination at work, with another 43% having seen unintentional prejudice. Over 1,080 construction employees from around...
News
Real Estate Sector of Dubai Is Most Transparent In MENA
According to JLL's most recent Worldwide Real Estate Transparency Index, the real estate markets in Dubai and Abu Dhabi have been acknowledged as the top global innovators in 2022. In order to further emphasise its status as the Middle...
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