Construction

In 2016 a variety of factors contributed to price fluctuations in the normally stable cement industry. Although some variability remains, industry experts predict a return to stable growth in the long term.

Egypt established a public-private partnership (PPP) Central Unit at the Ministry of Finance in 2006 as part of a new long-term government policy of pursuing partnerships with the private sector “to provide a new source of investment capital and financing required infrastructure projects, reduce the government of Egypt’s sovereign borrowing...

With leasehold ownership regulations for foreign nationals in place and property more competitively priced than in Dubai, Sharjah is set to succeed in attracting significant international investors to its real estate sector. Until the recent global financial crisis, Sharjah’s rules prevented anyone who was not an UAE national from owning real...

It is difficult to overstate the importance of real estate to Sharjah – along with business services, real estate accounts for 21% of the emirate’s economic activity, with residential real estate forming a large chunk of that. While prices have fluctuated over recent years, and dropped in 2016, occupancy rates have remained at almost 100%,...

Sharjah is attempting to step out of the shadow of its larger neighbour, Dubai, with the development of a number of major signature projects that could significantly reshape its construction landscape. Many of these projects are mixed use, with master plans involving residential properties, commercial spaces, large-scale shopping malls and, in...

As the third-largest of the seven emirates that make up the UAE, Sharjah has a large population and a strategic location for regional connectivity, as well as significant real estate activity, all of which contribute towards an expanding construction sector. The emirate has several major real estate developments under construction, many of...