Middle East markets offer strong cost-to-build value ...United Arab Emirates

Leading Middle East markets continue to experience high growth in construction activity, as the region invests in nation-building agendas that support economic diversification away from fossil fuels, according to Turner & Townsend. The Kingdom of Saudi Arabia leads the region in new project opportunities and government commitment to major infrastructure investment, with average cost-to-build in Riyadh now reaching at $2,379 per sqm. Conversely, the Doha market is cooling after its unprecedented World Cup programmes. The survey also shows that the region has been less affected by the supply chain disruption and softening growth seen in other key markets. Turner & Townsend pointed out that the

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