Price increases are directly impacting project plans, with many developers making significant adjustments to maintain viability
Building materials
UAE property developers face rising costs as new launches, labour crunch strain supply chains
The boom in new real estate projects is driving up construction material costs by up to 15%
UAE announces $272,000 fines for building material price increases
UAE orders companies to revert to former building material prices
Emirates Steel Arkan to demerge steel and building material businesses
The new units will be supported by centralised finance, human capital, technology, strategy & transformation and a new projects function
RAK Ceramics: Driving growth, delivering value
In conversation with Abdallah Massaad, Group CEO of RAK Ceramics
Sustainability in architecture is in, spectacular over-the-top structures are out
More architects are focusing on the carbon footprint of their building, rather than flashy features that once may have earned them a place in history books alongside great architects
Saudi Aramco and China’s CBMA to advance usage of non-metallics in construction sector
The two entities launched a Beijing-based centre to explore opportunities for joint projects in research and development of the materials, which have cost, efficiency and environmental advantages over metal alternatives