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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...
...China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region, as the state-backed investment bank...
...Water companies are not automatically consulted on proposed housing developments, which have a statutory right to be connected to the sewer system....
...company could have a small pay gap but employ very few women, for example....
...But housebuilding activity registered a setback with the lowest reading since January, as construction companies noted sluggish market conditions and the impact of elevated borrowing costs....
...“Construction companies generally commented on a broad-based rebound in tender opportunities, helped by easing borrowing costs and signs that UK economic conditions have started to recover in the first quarter...
...Early in 2023, the company said it could get 12,500-17,000 oz from the stockpiled ore, but managed 3,000 oz at a cost of $1mn a month....
...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....
...PDT, owned by Canadian asset manager Brookfield, had accused the corporation of seeking to reduce the value of its business through the action, a claim the STDC denied....
...The so-called presales model — in which buyers pay for property prior to construction — helped fuel rapid urbanisation, said Zeng at CreditSights....
...Supply conditions improved, albeit at a slower pace than in the previous three months, as companies pointed to the negative impact on deliveries from Red Sea shipping disruption....
...The risk is that the data centre boom may spur construction of new gas-fired power plants....
...unnecessary construction....
...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...
...It agreed to buy Firestone Building Products from Japan’s Bridgestone Corporation for $3.4bn in 2021. The company had a “pipeline of acquisition projects” in the US, Jenisch told the FT....
...Chris Hayward, policy chair at the City of London Corporation, said the authority was “hungry for growth” and would adopt a “flexible” approach in negotiations with developers in an effort to attract companies...
...a mainland Chinese real estate company....
...Levesque, a former officer on a nuclear submarine, said construction work near the site of a coal power plant, would begin in June regardless of whether the company received a permit from the Nuclear Regulatory...
...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...
...The downturn in UK construction eased in December, according to a closely watched survey....
...Such groups are a commonly accepted diversity initiative that were popular in many large companies before 2020....
...Joly said of his experience: “Employees, customers and even shareholders expect much more from corporations than a blind pursuit of profit.”...
...The company is maintaining its guidance for the year of a 4-6 per cent profit margin. “I think the industry is in a better place,” he added. “It is maturing....
...Sawiris’s father Onsi started a construction business in Egypt in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction....
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