Mohamed Adel’s Post

$3.9 Trillion (AED14.3 Trillion). in construction projects industry pipeline. UAE and Saudi lead boom. Middle East construction. Residential projects are projected. To account for $125 Billion (21 per cent). While mixed-use projects represent $232 Billion (39%). According to the Middle East Economic Digest (MEED). The GCC alone has an astonishing projects pipeline. In excess of $2.7 Trillion. With Saudi Arabia comprising $1.5 Trillion of this total. https://lnkd.in/dBRbrvXc Gulf Cooperation Council - GCC Portfolios, design and management. Tiger Lead Investments Limited Your partner in Dubai and throughout Gulf Cooperation Council (GCC). https://lnkd.in/gkvWa7d Jean Bedard, Global Banker Liaison (Canadian citizen). HNWI, UHNWI Envoy.

Emirati Modon Holding has signed an MoU with Egypt's Hassan Allam Holding to collaborate on large-scale construction and infrastructure projects in Egypt. The partnership aims to support the long-term development of the Ras El-Hekma project and its surrounding communities. Modon

Abu Dhabi makes major construction investments https://lnkd.in/e24ac_f3 The emirate boasts a pipeline of $41bn-worth of upcoming projects in the construction and transport sector

The UAE has been named the most important investor in the Arab region after implementing 242 construction projects over the past 22 years. These developments, which boast a capital expenditure in excess of $139 billion, have contributed to the creation of more than 170,000 jobs, catalysing broader economic growth. The Arab region as a whole is on course to register a 3.6% increase in construction activity by the end of this year, and analysts predict the sector's value will reach $707 billion by 2030. As always, it's inspiring to see the UAE having such a positive impact on so many people from around the world. Our nation is a development powerhouse. https://lnkd.in/dnjvNjbD #UAE #construction #development

GlobalData: Construction Sector in the UAE Shows Remarkable Growth The construction market in the United Arab Emirates is witnessing an unprecedented surge, and this growth trajectory is steadily gaining momentum. Let's delve into the insights provided by the analytical and consulting company "GlobalData": the construction sector's volume in the UAE has reached an impressive $94 billion! Furthermore, experts anticipate that this figure is just the beginning, boldly projecting an annual growth rate of over 3% for this sector in the coming three years. This surge can be attributed to increased investments in various sectors in the Emirates, including: - Transportation, with a focus on expanding infrastructure for electric vehicles. - Urban infrastructure enhancements. - Renewable energy initiatives. These investments are driving the construction of highways, railways, bridges, specialized charging stations, and other vital infrastructure projects across the country. Residential construction remains at the forefront of this sector. After capturing a significant market share last year, the residential sector continues its upward trajectory this year, with a diverse range of projects, from apartment complexes to villas and townhouses. Analysts predict that interest in this sector will only grow stronger by 2024, both from government initiatives and private investors. This highlights the UAE's commitment not only to developing residential areas but also to meticulously planning and executing infrastructure projects to make these areas highly attractive to investors and end-users alike. P.S.: Do you know how many projects are under construction in Dubai currently?

The UAE construction sector is set for 4% growth in 2024, driven by $95 billion worth of contract awards in key areas like infrastructure, residential, and energy. Major projects, including Dubai Metro’s Blue Line and the Sheikh Zayed Housing Programme, highlight the focus on sustainable development and innovation. With initiatives like the Energy Strategy 2050, the industry is poised for continued expansion through 2028. How do you see these advancements shaping the future of construction in the UAE?

Oman’s construction & infrastructure market is expected to be active in the coming years and currently has $327.63 billion worth of projects, according to ProTenders analysis. The construction industry accounts for a 9% share of Oman’s GDP and is the country’s largest employer.

Saudi Arabia as a MENA Leader in Construction For the past four years, Saudi Arabia has been the strongest market in the MENA region, awarding the highest value of construction projects. The country’s pipeline for unawarded projects is estimated at $1.1 trillion, with $400 billion worth of projects already in the execution stage.

{Industry Report} Saudi Arabia Construction Report 2024 Our latest Saudi Arabia Construction Report 2024 provides the most recent economic and market data and predicts the short- and long-term effects of trends on the construction sector. What you can look forward to in the report; A complete overview of 5 sectors of the construction industry. Determine fresh and continuing project opportunities and provide specifics. Learn about the Saudi Arabian economy in general. Find out more about important clients, large projects, and project owners. Identify the principal contractors and consultants. Find out more here - https://lnkd.in/dHDn3WBA

[Evolution of Construction Technology in Nigeria] The construction industry in Nigeria has witnessed significant changes over the years. These changes reflect the nation's . . . https://lnkd.in/db3evfv2