1. Nov 13, 2024The Middle East's construction industry is playing a key role in the region's economic transformation. As national vision plans look to diversify away from oil dependency, huge opportunities are presenting themselves for the industry to enable the development of megaprojects and improved infrastructure.
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  3. Middle East Construction Market Overview. The Middle East Construction Market size was valued at USD 298.00 billion in 2023, and is predicted to reach USD 401.17 billion by 2030, at a CAGR of 2.9% from 2024 to 2030.. The construction market, known interchangeably as infrastructure market, plays a crucial role in the economy, overseeing the entire lifecycle of diverse physical structures ...
  4. kenresearch.com

    The Middle East & Africa Infrastructure Construction Market is valued at USD 47 billion, driven by rapid urbanization, government-led initiatives, and substantial foreign investments aimed at enhancing regional connectivity and economic development.
  5. businesswire.com

    Nov 15, 2024Contacts. ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office ...
  6. publications.aecom.com

    As the global economy continues to face considerable headwinds amidst a year of positive market growth, the risk of a global recession lingers as geopolitics, energy and economic shocks are sustained. Inversely, the outlook for the MENA region, specifically the GCC remains strong as diversification plans continue at a rapid pace and oil prices remain robust.
  7. constructionweekonline.com

    Nov 6, 2024The Gulf Cooperation Council (GCC) remains the powerhouse of regional construction activity. Data from the Middle East Economic Digest (MEED) indicates that the GCC's project pipeline exceeds $2.7 trillion, with Saudi Arabia commanding the lion's share at $1.5 trillion.
  8. ocoglobal.com

    After couple of challenging years for the Middle East construction industry due to the impact caused by Covid-19 and other factors, contractors, suppliers and consultants can now look forward to a return to growth and the prospect of rising project opportunities in 2022 and beyond. For instance, some USD $1.4 trillion-worth of construction and transport […]
  9. jll-mena.com

    Oct 12, 2023Despite global economic challenges, the construction sector in the Middle East and North Africa (MENA) region has shown remarkable resilience, awarding a staggering $101 billion worth of projects in the first half of the year.
  10. eurogroupconsultingmea.com

    The construction sector in Asia and the Middle East is at the forefront of global growth, driven by extensive development projects, urbanization, and infrastructure upgrades. These regions are witnessing an unprecedented construction boom, fueled by economic diversification, population growth, and the push towards sustainable development.
  11. rib-software.com

    Jan 24, 2025Construction industry set for a banner year: 97.6% Optimistic revenue growth forecast for 2025 Long burdened by economic uncertainties, rising costs, and regulatory constrictions, the Middle Eastern and African construction industries have faced their share of challenges, with South Africa experiencing the additional threat of construction mafias.

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