The 8th RetrofitTech MENA Summit and Awards is taking place from 14 – 15 February 2023 at the Address Dubai Marina, UAE. The Summit is under the patronage of Dubai Electricity and Water Authority (DEWA) and hosted and strategically endorsed by Etihad ESCO. Key topics include: - Gain insight on UAE's vision Net-Zero 2050 - outlining the UAE's inspiring energy goals - Understand the role of technology…
Aided by elevated oil revenue and the resumption of economic activity after the Covid-19 pandemic, Kuwait was able to narrow its budget deficit for FY 2021/22 year and record GDP growth in excess of 8% in 2022. With a newly elected Parliament in place and a new Cabinet appointed, there is renewed hope that the country will undertake the reforms needed for long-term economic growth and diversificat
The three days of the event provide innumerable opportunities to network with industry peers, find suppliers and distributors, make new connections directly with manufacturers, and gain access to updates on trending subjects in the industry. ODBW also offers a platform for the manufacturers to showcase building materials and solutions to architects, consultants, engineers, contractors, distributors,…
The country is undertaking one of its most extensive construction projects to date, which is expected to transform the Kingdom’s north-west and set a benchmark for the future of smart city development worldwide. Located in Tabuk province, close to the Jordanian and Egyptian borders, NEOM will span the Red Sea coast with mountains, deserts and plains, and aims to use smart city technologies to achieve…
The Saudi real estate and construction sectors have been experiencing a period of rapid expansion due in part to a string of giga-projects and an economy rebounding from the pandemic. Indeed, the Kingdom is currently engaged in some of the largest construction projects in the world, including NEOM, the $500bn new city in the north-west, and developments on the Red Sea coast and in the capital city,…
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 accounts for nearly 40% of global energy-related greenhouse…
Interview:Gautam Sashittal Where do you identify the key demand drivers for commercial real estate in Saudi Arabia? GAUTAM SASHITTAL: The economic growth that the country is experiencing acts as a magnet for international and regional businesses to set up a presence in Riyadh. In fact, Riyadh aims to be among the top-10 city economies in the world by 2030. This, together with projections that…
With increasing oil and gas prices and an expanding non-oil sector, Saudi Arabia has been logging record trade surpluses in recent years, while securing government revenue for future investment. The Kingdom is expected to be among the fastest-growing economies in the G20 in 2022 – and was on track to fulfil that forecast by the middle of the year. Indeed, in the first three months of 2022 G
The Saudi real estate and construction sectors have been experiencing a period of rapid expansion due in part to a string of giga-projects and an economy rebounding from the Covid-19 pandemic. Indeed, the Kingdom is currently engaged in some of the largest construction projects in the world, including NEOM, the $500bn new city in the north-west, and developments on the Red Sea coast and in the capital…
A revival in transport and tourism after two years of pandemic-related slowdowns caused by closed borders and social-distancing measures is helping to boost the economy, with the kingdom’s hotels, restaurants and resorts once again open to regional and international visitors. The country’s guiding plan, Bahrain Economic Vision 2030, aims to enhance private sector growth and continue government