Following a slowdown in 2013 caused by various factors, Moroccan construction saw a return to growth in 2014 and 2015, with high demand for housing and investment in infrastructure projects continuing to drive the sector. Although the price of building materials has been adversely affected by the sector’s downturn in recent years, with the...
One segment of the real estate sector that has seen continuous growth in recent times, despite the ups and downs of global and local conditions, is facilities management (FM). Dubai is a pioneer in this field within the region, a role that has brought both benefits and costs. As customers grow more sophisticated in their needs, the FM market...
The real estate sector in Dubai is famed for the scale and scope of its ambitious projects, and it continues to play a major part in the emirate’s constant state of development. As a result, the emirate has become a global by-word for the grand and the iconic, continuously pushing the boundaries of architecture and planning, design and...
Global and local oversupply of many key building materials has helped keep construction costs relatively stable in recent years, with Dubai’s streamlined logistics infrastructure helping to ensure the emirate does not fall foul of some of the transportation bottlenecks experienced elsewhere in the Gulf. Ahmad Thani Al Matrooshi, managing...
Tighter budgets as a result of a protracted period of low oil and gas prices and global economic slowdowns, could well turn the mid- to low-range real estate market into a new haven for investors in Dubai, with many now looking for good-quality, affordable property. Indeed Dubai’s real estate market has been witnessing a shift away from the...
Although perhaps no longer able to boast more cranes operating within its boundaries than in all the other cities of the world put together, Dubai is still comfortably one of the world’s leading centres for the construction industry. Major projects continue to roll out, while existing ones finish off or evolve into new developments. From a new...
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