Construction

Facilities management (FM), the interdisciplinary field that has grown around the servicing of residential developments, commercial spaces, and public and private infrastructure such as schools, hospitals and hotels, is relatively new, even among developed economies. Across most of the MENA region it is in its infancy. Yet, in Dubai, the recovery...

The real estate market is poised for improvement in 2012 and 2013, as the emirate works to regain its reputation as a leading regional destination for investment.

The construction sector in Dubai was hit hard by the 2008-09 global economic downturn. Indeed, the constraints on financing slowed the pace of building work altogether and made many investors cautious about stumping up money before projects were completed. In mid-2011 and 2012 the market began to turn around slightly, buoyed by steady development...

With Mongolia’s economic boom in its early stages, several key questions remain unanswered that will have profound implications for its real estate sector in the future. A lack of urban planning has left the country with a serious pollution problem, transportation and infrastructure deficits, and a large-scale shortage of affordable housing.

The sector has been moving from a state-owned and -controlled industry to one driven by for-profit firms for the past two decades. However, this transition has been complicated by the challenges of extreme climate, a shortage of trained workers and logistical obstacles preventing the establishment of a steady flow of low-cost and on-time materials...

The cement sector features characteristics common to so many markets in the country’s economy: short supply, mushrooming demand, Chinese imports and plans to boost local capacity. The importance of new domestic supply cannot be understated, as the government’s plans in the next five years include $40.5bn in spending on major projects in energy,...