Gulf Cooperation Council (GCC) regions boast spectacular architecture that conveys modernity and wealth. With so many futuristic planned cities, GCC countries are gradually transforming the face of their metropolitan areas. These cities are competing for labels that demonstrate design innovations and energy-saving technologies. If you are planning to invest in the urban construction market in…
People have been moving to cities for a variety of reasons in recent decades. According to statistics, nearly 66 percent of the world’s population will be living in cities by 2050. This massive influx of people into cities has put pressure on urban infrastructure, including housing, public transportation, and other community services. This means that…
Due to the pandemic, construction activities in GCC (Gulf Cooperation Council) and Middle East countries slowed down in August 2020. After a year of fiscal distress, finally, the economy in GCC and Middle Eastern countries are expected to bounce back to a cumulative growth of 2.2% by the end of 2021. World Bank Gulf Economic…
According to a recent remark by an IMF official, the economic recovery of the UAE is gaining momentum and the country is all set to bounce back from the negative impact of the Pandemic by showing a strong and early response to the crisis. Thanks to the successful economic diversification, the non-oil GDP is likely…
In this era of widespread urbanization, many cities and towns are witnessing massive infrastructural developments. New offices, schools, colleges, hospitals, banks, shopping centers, and other commercial establishments are getting built and all this is resulting in large-scale urban development. The GCC countries have also witnessed large-scale urbanization in the past decades, and infrastructure for health,…