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In pictures... The 34th edition of the Saudi Construction Exhibition opens amidst great participation

Reading time: 3 Minutesافتتح معالي نائب وزير البلديات والإسكان الأستاذ إيهاب غازي الحشاني، اليوم، أعمال النسخة الـ 34 من معرض البناء السعودي، التي تقام برعاية وزارة البلديات والإسكان ... Read more

It will be held at the Riyadh International Convention and Exhibition Center with more than 600 exhibitors from 31 countries during November 4-7.

04/11/2024

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Design innovation to reduce heat in Jeddah neighborhoods reduces perceived heat by 5-10 degrees and is honored with an ASLA award.

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Discussing the role of local customs and architecture in enhancing the sustainability of housing projects and adapting to climate risks and challenges

Residential program

“Municipalities and Housing” signs 9 agreements to renovate and furnish 200 homes for needy families

9 partnership agreements to promote integration between the private and non-profit sectors to support needy families in 7 regions

International Monetary Fund Riyadh office market

54 billion dollars in investments in building and construction projects in Riyadh

Knight Frank: 38% of the Kingdom's construction contract value is concentrated in Riyadh, followed by Mecca and Tabuk.

National Housing Company

National Housing: Construction of an electric transmission station in Al Fursan suburb begins

Salman-style design and more than 18 kilometers of high-voltage lines to feed the units and facilities of the first phase

Steel Prices - Rebar

Rebar and electrical wire prices rise and wood prices fluctuate over the past month

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571 million riyals net profit of cement companies in the second quarter

Profits of 12 of 14 companies rise and second quarter sales rise to 2.46 billion riyals

Cement prices fall

SAR 5.19 billion sales of cement companies in the first half

6.49% annualized growth and 12.68% in the second quarter, down 10% from the first quarter.

Al Fursan suburb

National Housing: 41% of infrastructure work completed in the first phase of Al Fursan suburb

The first phase comprises 10,540 units on 5.4 million m² and sales reached 73% with 1,445 units available

3D Printing

100 3D-printed homes nearing completion in this city

ICON Project in Georgetown, Texas uses a Vulcan printer to build 3D homes that provide energy efficiency and minimize waste

Prefabricated building technologies market size to jump to $250 billion in 2025

13% CAGR growth driven by accelerating construction, reducing costs, improving quality and increasing sustainability in projects.

International Monetary Fund Riyadh office market

International report estimates Saudi construction market size at $70.33 billion in 2024

The report expects the Saudi construction market to reach USD 91.36 bn in 2029, driven by the NEOM and Vision 2030 projects.

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