Keywords: Construction Industry


Morocco launches National Association of Civil Engineers to strengthen construction sector coordination

A new professional body representing civil engineers has officially been established in Morocco, marking a structured effort to better organize and coordinate stakeholders across the country’s rapidly evolving construction sector. The National Association of Civil Engineers (ANIC) was founded......

Saint-Gobain agrees $1.7 billion sale of Dahl business to Kesko

French construction materials group Saint-Gobain has agreed to sell its specialist distribution business in Scandinavia to Finnish retailer Kesko in a deal valued at approximately $1.7 billion, marking a significant portfolio restructuring move for the company. The transaction involves the Dahl-branded......

Dangote Cement explores potential London Stock Exchange listing

Dangote Cement Plc is in early discussions regarding a possible secondary listing on the London Stock Exchange, a move that could significantly expand its access to international investors and global capital markets. The Nigerian cement producer stated that the initiative remains at a preliminary stage......

India’s UltraTech Cement beats profit estimates on stronger construction demand

India’s largest cement producer has reported stronger-than-expected quarterly earnings, supported by rising construction activity and favorable seasonal conditions. UltraTech Cement posted a 20.2% year-on-year increase in consolidated net profit for the fourth quarter, reaching approximately 29.83......

Moroccan construction firm TGCC secures $430 million stake in STAM

TGCC (Travaux Généraux de Construction de Casablanca) has signed an agreement to acquire a 60% controlling stake in STAM (Société de Travaux Agricoles Marocains), in a deal valued at MAD 4.3 billion ($430 million). The transaction includes STAM's 55% ownership of VIAS......

The Guardian's Scrutiny: Morocco's World Cup Preparations Face Unfounded Worker Safety Allegations 

In a recent development that has sparked debate and concern, 'The Guardian' has turned its investigative lens towards Morocco's preparations for the upcoming FIFA World Cup, raising questions about worker safety and the nation's ability to host the prestigious event.  The article,......