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...The businessman is the youngest son of the late Onsi Sawiris, who founded a construction company in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction...
...On Thursday it also agreed a £80mn construction loan for new serviced apartment buildings, and replaced an existing construction facility with a £132mn loan on a mixed-use building that includes offices,...
...at the research company Capital Economics....
...A workforce trained in AI will help both companies and workers themselves as they “take advantage of the new tools”, the research concluded....
...Rivian is pausing construction on building a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...Rivian is pausing construction of a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...As full-time president and CEO of the estate, Janie now runs two companies. Experience Hendrix oversees posthumous releases, CDs and documentaries, alongside music licensing....
...usually dad’s — safe, for getting in and photographing documents or passwords or account numbers or taking out a laptop to image the hard drive, or, in one case, stealing rolls of cash to sow chaos inside a company...
...Matthew Pointon, senior property economist at the research company Capital Economics, said commercial construction had “been contracting since September last year as developers wait for the outlook to stabilise...
...Tim Moore of S&P Global Market Intelligence said construction companies were “increasingly optimistic that the worst could be behind them soon as recession risks fade and interest rate cuts appear close...
...a mainland Chinese real estate company....
...Pål Kildemo, chief financial officer of the Norwegian company, said this construction crash because of high rates and rising building costs had hit the aluminium sector hard, undermining earnings of Hydro...
...Construction, real estate and financial services companies were particularly at risk of default....
...But he said “expectations of falling interest rates during the months ahead” appeared to have supported confidence at construction companies....
...The Insolvency Services said construction was the most affected sector, accounting for 18 per cent of insolvencies in the 12 months to February....
...February’s figure was bolstered by growth of 7.9 per cent in the construction sector, reflecting unseasonably dry weather....
...The ensuing Chips Act aims to encourage construction of new chip fabrication facilities (fabs) in the US....
...Construction materials group Breedon has had an eventful 12 months....
...A survey by the German Chamber of Commerce and Industry (DIHK) in November found that just over half of the country’s construction companies were struggling to fill vacancies....
...Economists expect the weakness in the construction sector to continue as interest rates remain elevated....
...Mark Hoplamazian, chief executive of US hospitality group Hyatt, said building new hotels had become harder due to “very tough” markets for raising capital, causing the company to turn instead to converting...
...During the initial review of the private-sector proposals, the Chinese consortium consisting of China Railway Construction, China Communications Construction and the Export-Import Bank of China, was seen...
...The company expects to build 7,500 homes in the 12 months to July, down from almost 11,000 in the same period a year ago. Shares were broadly flat in morning trading on Tuesday....
...That can no longer be taken for granted with state-owned China Construction Bank (CCB) taking rare legal action against the troubled mainland developer Shimao Group....
...Neither Ivanov’s wife nor the construction company have responded publicly to the accusations since the deputy defence minister’s arrest....
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