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Large wage increases and 99,000 new jobs in Irish construction sector by 2019

Wage increases will accelerate over this year and into 2019, outpacing rising living costs and leaving households better off, according to the latest research from the Central Bank. By the end of next year 99,000 more people will be in work, and average pay is set to rise at a...

GCC economic growth to gain momentum in 2019

Overall GDP projected to grow 2.7% in 2019 after stagnating in 2017 Dubai: GCC countries are expected to see a pick-up in economic growth in 2018 and 2019, according to the latest forecasts by the Institute of International Finance (IIF). Higher oil prices and improved output,...

Podcast: Will rising oil prices fuel Middle East construction?

Should the Middle East brace itself for a hike in infrastructure spending after oil prices hit a four-year high of $81 per barrel last month? Featuring exclusive comments from Deloitte, Bloom Holding, and Laing O’Rouke Middle East, Construction Week Viewpoint‘s latest...

US Crude Sanctions Against Iran Could Push Oil Prices Above $100 a Barrel

Earlier this week, Trump urged OPEC to ramp up production levels in order to prevent further price rises ahead of the mid-term elections in November. But OPEC and non-OPEC producers were thought to be unlikely to immediately respond to Trump’s demands, after Saudi Arabia...

Ireland: The land of opportunity for UK contractors?

Ireland’s construction industry halved in size when the global recession took hold in 2008. Now that the sector is recovering, Lucy Alderson assesses whether the opportunities for UK contractors outweigh the risks in this challenging market. In 2007, the Republic of Ireland’s...

Saudi Arabia’s Vision 2030 And Its Wealth Of Potential

Saudi Arabia’s Vision 2030 programme will drive growth across the country, most notably in its asset management, tourism and insurance sectors. The effects of Vision 2030 on various Saudi sectors are far-reaching, but among those set to benefit is the asset management sector....

2018 Skills Gap Survey

The results of Construction Week’s 2018 Skills Gap Survey have been compiled, and the findings are a stark reminder of the room for improvement in construction training and education in the Middle East.  Between February and April this year, 132 construction professionals from...

Project 2040: A Real Game Changer In The Irish Construction Sector

The National Development Plan demonstrates the Government’s commitment to meeting Ireland’s infrastructure and investment needs over the next ten years, through a total investment estimated at €116 billion over the period. This level of capital spending will ensure ongoing...

The outlook for new oil and gas projects is the healthiest the industry has seen since 2013

New investment drives revival of North Sea oil and gas Up to 16 developments expected to receive go-ahead in next 12 months. Energy companies are preparing to invest £5bn in new capital projects in the North Sea this year, according to the industry’s trade body, in the latest...

Construction Sector Group heralds new era for Irish construction.

The Construction Industry Federation (CIF) today welcomed An Taoiseach Leo Varadkar’s endorsement of a new Construction Sector Group involving industry and a number of key Government Departments. Hundreds of leaders from across the Irish and international construction industries...
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