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Keywords: Construction


European defense stocks fall as Ukraine peace hopes lift builders

European defense stocks dropped sharply on Friday after Ukraine’s chief negotiator signaled progress toward a potential peace deal with Russia, prompting investors to shift toward construction and materials companies expected to benefit from postwar rebuilding. Kyrylo Budanov said in an interview......

Sonasid reports strong growth in 2025 with rising profits and dividend proposal

Moroccan steel producer Sonasid reported a strong financial performance for 2025, marked by solid revenue growth and a sharp increase in profitability, supported by the continued momentum of the national construction sector. The company recorded a 16% rise in revenue, reaching over 6.2 billion dirhams......

Trump administration seeks to resume White House ballroom construction citing security concerns

The administration of Donald Trump has filed an emergency legal motion to resume construction work on a planned ballroom at the White House, arguing that a recent court order halting the project could create security risks. The request was submitted to the United States Court of Appeals for the District......

France pays €79 million compensation to Atosca after A69 highway delay

The French government has paid €79 million to Atosca, the concessionaire of the future A69 highway, following a prolonged work stoppage in 2025, the Ministry of Transport confirmed Tuesday. Construction on the Toulouse-Castres route was halted on February 27, 2025, after the Toulouse administrative......

SGTM revenue jumps to $1.52 billion as order book doubles

Moroccan construction and engineering group SGTM reported consolidated revenue of MAD 15.2 billion, or $1.52 billion, in 2025, up 36.6 percent from MAD 11.1 billion in 2024. The company linked the increase to faster execution of ongoing projects and the launch of major infrastructure programs. Fourth-quarter......

Switzerland expects housing shortage to worsen in 2026

Switzerland is likely to face a deeper housing shortage in 2026, driven by sustained population growth, economic recovery, and limited residential construction, according to senior housing officials. Martin Tschirren, director of the Federal Office for Housing, warned that structural factors behind......

Construction crane collapse kills two in Thailand

A construction accident in central Thailand has left two people dead and five others injured after parts of a crane fell onto a busy roadway in Samut Sakhon province, striking vehicles passing below, authorities said on Thursday. The incident occurred on Rama II Road, a major transport route connecting......

Saudi Arabia adjusts World Cup stadium plans amid fiscal pressures

Saudi Arabia’s ambitious plans to host a record-breaking football spectacle in 2034 are entering a more cautious phase as the kingdom reassesses its approach to infrastructure development. Authorities have scaled back some stadium designs, adjusted budgets, and delayed construction timelines to......

Moroccan engineer wins France’s top innovation award for sustainable construction technology

Moroccan civil engineer Ouijdane Qacami has achieved global recognition by winning the prestigious Prix Pépite 2025, France’s foremost award for young innovative startups. Her groundbreaking company, Strucmedica, specializes in concrete durability diagnostics, offering cutting-edge solutions......

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