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 UAE

On Virgin Radio today

Trending on Virgin Radio

  • If Craig David had a verse on Azizam

    The legendary Craig David joins The Kris Fade Show for an unforgettable chat!

  • Untold Dubai

    It arrived: The UAE's First Mega Music Festival at Expo City Dubai!

  • ARN News Centre

    Get the latest UAE and world news from our award winning team of journalists. The ARN News Centre is the country's most trusted source of information.

  • Middle East Hot 30

    Every weekend Kris Fade plays the biggest tracks in the Middle East. Check out this weeks chart...