Amid efforts to reduce the carbon footprint associated with the construction industry, there is increasing recognition of the benefits of sustainable and regenerative architecture as a means of lowering emissions. According to the “2019 Global Status Report for Buildings and Construction” published by the UN Environment Programme (UNEP), the...
As the construction industry redefines its priorities to ensure sustainability, there is increasing recognition of the benefits of regenerative architecture as a means of lowering emissions. According to the “2019 Global Status Report for Buildings and Construction” published by the UN Environment Programme (UNEP), the construction sector...
The construction and real estate sectors are important contributors to Bahrain’s GDP, yet in the years preceding the pandemic both sectors displayed erratic growth due partly to oil price instability and the government’s fiscal consolidation programme. However, recent legislative amendments and strategic announcements are expected to...
Bahrain is mounting a coordinated cross-government response to help revitalise the economy in the wake of the Covid-19 pandemic which has positive implications for the county’s real estate sector.
The development of a fourth generation of cities across Egypt – including the New Administrative Capital (NAC), New Alamein and New Aswan City – will be a key driver of construction activity in the coming years. These developments are expected to raise the competitiveness of the local market, enhance living standards and generate employment opportunities.
Industrial real estate has been a mainstay of economic development for decades. Over time, industrial developments have shifted from areas like 6th of October City to large-scale zones that host one manufacturing segment – for example, the $2.2bn textile complex in Al Sadat City. In 2014-21, 17 such complexes in 15 governorates were established, with LE10bn ($835.4m) worth of...
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