Bulgaria approves revised draft budget for 2026, including funds for construction
In December 2025, the Bulgarian Government approved the revised Budget, in euro currency, for 2026. The budget estimates €50.4bn ($59.1bn) …
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Cambodia’s Government proposes $9.9bn spending in 2026 budget
In October 2025, the Cambodian Government approved a draft 2026 national budget, with a total expenditure of 40.9 trillion reils …
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Portugal approves 2026 budget with focus on housing, transport infrastructure
On 27 November 2025, Portugal’s parliament approved the centre-right minority government’s 2026 budget, projecting slightly faster economic growth and a …
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Micron to break ground on $100bn megafab in New York
Micron Technology will begin construction on a new $100bn semiconductor megafab in Onondaga County, New York, with an official groundbreaking …
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Turner launches centralised equipment rental and site services company
Turner Construction Company has introduced First Equipment Company (FEC), a centralised operation offering equipment rental and site services to projects. The new company, …
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Italy approves 2026 Budget, focusing on deficit reduction, ignores construction
The Italian Parliament approved the government’s 2026 budget on 30 December 2025. The budget, which incorporates deficit-cutting measures, was approved …
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Israel’s 2026 budget includes measures to support the housing sector
The Government of Israel approved the State Budget and an accompanying economic plan for 2026, on 5 December 2025. The …
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CAT and NVIDIA boost partnership to speed up AI solution development
Caterpillar (CAT) has expanded its partnership with NVIDIA to accelerate the development of AI-enabled solutions across its product lines and …
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Diriyah and Midad sign $827m deal for Four Seasons hotel, residential project
Diriyah Company and Midad Development and Real Estate Investment Company have signed an agreement to jointly develop the Four Seasons …
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Multiplex secures $338m London Wall construction contract
Multiplex has secured the principal construction contract, valued at over £250m ($338m), for the redevelopment of 75 London Wall in …
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HSR breaks ground on 394-unit housing project in Texas
High Street Residential (HSR), a subsidiary of Trammell Crow Company, has broken ground on a 394-unit multifamily development at the …
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Related Companies and Oxford close $2.45bn in funds for 70 Hudson Yards office tower
Related Companies and Oxford Properties Group (Oxford) have secured $2.45bn in financing to fully fund the 70 Hudson Yards development. The …
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Meraas reveals new Dubai Design District residential masterplan
Meraas has announced plans for a new residential masterplan for Dubai Design District (d3) that will expand the district with …
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Sydney Metro selects partners for Hunter Street metro precinct
Sydney Metro is progressing with the Sydney Metro West project by appointing Lendlease, Mirvac, and Coombes Property Group as its …
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Skanska wins $445m LA Airport roadway upgrade contract
A joint venture between Skanska and Flatiron has secured a new contract from Los Angeles World Airports to advance the …
