Rising labour costs weigh on Eastern Europe’s construction sector in Q2 2026
This performance reflects the combined impact of sustained inflationary pressure, ongoing shortages of skilled and semi-skilled labour, the continued relocation …
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First boring machine starts work on Hudson Tunnel Project
The Gateway Development Commission (GDC) has begun excavation of the Hudson Tunnel Project’s new rail tunnel under the Hudson River, …
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Nakheel appoints Mar Marine for 3km Dubai Islands beach works
Nakheel has selected Mar Marine & Building Contracting to deliver marine and beach works on Island B at Dubai Islands, …
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BAM to acquire Dutch infrastructure company A.Hak for $566m
Construction company Royal BAM Group has agreed to acquire the Dutch underground infrastructure specialist A.Hak for an enterprise value of …
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EU construction confidence negative sentiments deepened in August 2026
The Middle East conflict triggered a sharp rise in fuel prices in early 2026, which remain elevated, sustaining higher overall …
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NCC to sell Industry unit to Heidelberg Materials and CRH for $820m
NCC has reached an agreement to divest its Industry business area for an enterprise value of Skr8.2bn ($820m), with the …
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Arada wins approval for first Australian residential project in Sydney
UAE-based developer Arada has secured the NSW Department of Planning, Housing and Infrastructure approval for London Place, a 33-storey residential …
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McLaren Construction selected to deliver BAY360 project in Dubai
United Arab Emirates-based developer Sweid & Sweid has selected McLaren Construction as the main contractor for BAY360, a new mixed-use …
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US building permits record positive growth
The rise followed a sharp year-on-year (YoY) decrease of 17.5% in July and 1.5% growth in June 2026. The August …
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Kier to deliver $152m Manchester Airport railway station upgrade
The UK's Network Rail has awarded Kier a contract for the £115m ($152m) upgrade of Manchester Airport railway station in …
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Jordan-UAE Railway Company breaks ground on $2.5bn Aqaba–Al-Shidiyeh–Maan railway project
The governments of Jordan and the United Arab Emirates (UAE) have broken ground on the Aqaba–Al-Shidiyeh–Maan Railway Project, a $2.5bn …
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ViAlliance35 chosen as preferred bidder for $3.25bn Czech highway project
The ViAlliance35 consortium, comprising Strabag, Budimex, Cintra and Invesis, has been named as the preferred bidder for the €2.9bn ($3.25bn) …
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China’s residential construction downturn persists in Q3 update
GlobalData has revised its forecast for construction industry growth to -9% in 2026 in its Q3 2026 update, down from …
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Skanska signs $110m Renton High School contract in Washington, US
Skanska has signed a $110m contract with the Renton School District to construct a new high school campus in Renton, …
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MAN-MAG JV and Urbacon win $727.9m of Diriyah construction work in Saudi Arabia
Diriyah Company has awarded two construction contracts valued at a combined $727.9m to Al Majal Al Arabi Group and MAN …
