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Construction

​City of dreams: Saudi Arabia to build $100bn city from scratch by 2035
Saudi Arabia plans to complete its $100 billion King Abdullah Economic City by 2035, the CEO of the company in charge of the project told AP. Developers hope the city will become the main logistics and manufacturing hub for countries on the Red Sea.

22.05.2015 17:44

China offers to build 1st high-speed rail link to Russia
Jilin Province in China has offered to build a railway to Vladivostok for Russia’s Far East Region of Primorsky Krai. It would be the first cross-border high-speed rail link between the two countries and Russia’s major Pacific port.

21.05.2015 09:47

China & Japan to lead global solar boom in 2015 - Bloomberg
Global solar panel production is expected to grow by almost a third this year which would be industry’s the best performance since 2011. China will take the lead, producing more than 75 percent of the world’s panels.

19.05.2015 10:10

'Great Ukrainian Wall': Kiev plans to spend $200mn on Russian border defenses
Kiev authorities have approved a major new program to isolate the country from Russia by constructing an enormous barrier, equipped with anti-tank ditches and remote controlled weapons stations. They intend to spend $200 million on the grand plan.

15.05.2015 08:02

Chinese company wins $390mn contract to develop Russian high-speed railway
China Railway Group Ltd has won a $390 million contract to develop the Moscow-Kazan high-speed railway which is to be further extended to China. The railway will become part of the new Silk Road project.

13.05.2015 13:28

China allocates $96mn for Sino-Russian Amur Rail Bridge
The Heilongjiang branch of the Export-Import Bank of China has allocated over $96.5 million to construct the Chinese section of the Sino-Russian railway bridge. The first railway bridge over the Amur River should cut transportation times and boost trade.

12.05.2015 11:26

‘Illegal under international law’: EU slams Israel’s settlement plans in East Jerusalem
The EU has criticized Israel for recently approving the construction of 900 new settler homes in East Jerusalem, joining the US and Palestinian condemnation of Tel-Aviv’s settlement policies.

09.05.2015 20:21

​Israel approves construction of 900 settler homes in E. Jerusalem – NGO
Israel has approved the construction of 900 settler homes in East Jerusalem, peace activists have said. It comes less than a day after newly-reelected Prime Minister Benjamin Netanyahu announced the formation of a right-wing coalition government.

07.05.2015 17:04

1 in 4 renters spend half their income on housing, a paycheck away from homelessness
For more than one in four renters in the US, housing and utility costs take up at least half of their family's income, according to a new analysis of Census data. That number is up 26 percent since the beginning of the Great Recession in 2007.

01.05.2015 15:06

‘Catastrophic collapse’ in garage of historic Watergate complex
Several stories of a parking garage at the historic Watergate complex in Washington, DC collapsed on Friday morning, reportedly injuring at least one person.

01.05.2015 15:21

Russia 1st to test 10Gen uranium enrichment centrifuges
Rosatom, Russia’s nuclear agency, confirms scientists are testing 10th generation centrifuges. No other country even possesses 9th gen tech, putting Rosatom years ahead of the competition.

27.04.2015 06:41

Deadly Nepal quake was long predicted
Experts had been warning for years that a serious earthquake would decimate Nepal’s overpopulated capital. Specialists had been trying to work out a contingency plan for Kathmandu, in the event of an inevitable tremor however, they were not fast enough.

26.04.2015 14:28