Managing finances effectively is crucial for anyone involved in construction projects, whether as a contractor, consultant, project manager, procurement manager, supplier, or investor. Understanding income levels, budgeting, and investment options can help you make smarter decisions. This post offers clear, practical financial planning strategies tailored to your needs. Understanding Your Income and Expenses The first step in mastering your finances is knowing exactly how muc

Oman’s construction sector is on the verge of a remarkable transformation, thanks to recent government approvals for major contract awards valued at $727 million. This significant investment highlights Oman’s dedication to enhancing its infrastructure and opens up a plethora of opportunities for construction professionals worldwide. As the nation gears up for a new era of growth, understanding the implications of these developments is crucial. Government Commitment to Infrast

In October 2025, Qatar's Public Works Authority, Ashghal, took a significant step towards transforming the nation’s infrastructure by awarding road contracts valued at approximately $305 million (QAR 418.4 million). This investment aligns with Qatar National Vision 2030, which aims to enhance road networks, support urban growth, and promote sustainability. The newly announced projects encompass an array of features, such as new roads, modern drainage systems, intelligent tran

As Saudi Arabia shifts gears towards a modernised infrastructure, the Qiddiya High-Speed Rail project stands out as a pivotal development. Set to revolutionise urban mobility in the region, this ambitious project will connect major hubs including King Salman International Airport, King Abdullah Financial District, and the entertainment haven of Qiddiya City. With trains operating at speeds of up to 250 km/h and travel times reduced to under 30 minutes, the Qiddiya High-Speed

Recently, ROSHN, a leading Saudi developer supported by the Public Investment Fund, announced a significant development initiative that is set to transform the residential landscape in Riyadh. This initiative involves awarding a contract package valued at approximately 1.5 billion Saudi Riyals (around $400 million USD) for the development of more than 1,900 residential units, sports facilities, and a district retail mall within the SEDRA Community. This major contract award n