GCC to spend AED 460bn on construction projects in 2016

NULL

Mega-events like Dubai’s World Expo 2020 are set to push construction spending in the GCC to over AED 460 billion next year. That’s an increase of 11%, and a record-breaking number. Experts from investment bank Alpen Capital say the 2022 FIFA World Cup in Qatar, along with big projects like new skyscrapers, stadia, airports and museums are pushing the need for complex construction software. Their report comes as The Big Five building trade show opens in Dubai this week.

More from Local News

Recently Played

Latest Blogs

  • PINOY BULLETIN: JULY 21 - 25, 2025

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.

  • PINOY BULLETIN: JUNE 30 - JULY 4, 2025

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.