Construction News

Procore Technologies Faces Leadership Transition Amid Growth

News Summary Procore Technologies is undergoing a leadership transition while experiencing significant growth in the cloud-based construction management software market.…

2 months ago

Monte Carlo Simulation Framework Improves Highway Construction in Egypt

News Summary A new Monte Carlo simulation framework has been introduced to enhance planning efficiency in highway construction projects across…

2 months ago

Kerjaya Prospek Group Berhad Drives Growth in Property Sector

News Summary Kerjaya Prospek Group Berhad is making significant strides in Malaysia's evolving property sector. With a net profit surge…

2 months ago

Global Construction Industry Hits $1.978 Trillion Amid Challenges

News Summary The global construction industry has reached an impressive revenue of $1.978 trillion, showcasing resilience despite a slight decline.…

2 months ago

Procore Technologies Reports Strong Q1 Earnings

News Summary Procore Technologies has reported strong Q1 earnings, showing resilience amid leadership changes and market challenges. The company's revenue…

2 months ago

Cadence Design Systems Achieves Significant Q2 Growth

News Summary Cadence Design Systems has reported robust financial results, with revenue hitting 1.275 billion dollars, a 20% increase from…

2 months ago

AI Adoption in Construction and Design Grows

News Summary A new report reveals a significant increase in the adoption of artificial intelligence (AI) within the construction and…

2 months ago

Surge in Interest for ESOPs in the Construction Industry

News Summary The construction industry is seeing a significant rise in interest for Employee Stock Ownership Plans (ESOPs) as business…

2 months ago

INVL Renewable Energy Fund Secures Loan for Solar Development in Romania

News Summary The INVL Renewable Energy Fund I has secured a EUR 29.3 million loan from Kommunalkredit Austria AG to…

2 months ago

Nakilat Secures $5 Billion Financing Package for LNG Carriers

News Summary Nakilat has entered into a significant $5 billion financing agreement with the Export-Import Bank of Korea (KEXIM) to…

2 months ago