Big Easy AC Heating US: Big Easy AC Heating has introduced a new residential air duct installation and replacement service to strengthen its position in the HVAC home service segment. This service will focus on complete ductwork design, installation, and balancing for new and existing residential systems. According to the company, duct efficiency plays a major role in overall HVAC performance, and the addition of this service will allow customers to achieve better indoor air

BDR Thermea Group France: BDR Thermea Group has confirmed that its Plan de Sauvegarde de l’Emploi (PSE) will take effect by the end of October 2025. The plan affects employees linked to the former De Dietrich operations in France and forms part of the company’s broader restructuring process to realign its manufacturing footprint. The PSE will include measures for job redeployment, training, and voluntary departure options. Company representatives stated that this step is nece

UNDP Ukraine: The United Nations Development Programme (UNDP) in Ukraine has partnered with the Ministry for Development of Communities and Territories to implement the Renewable Energy Solutions (RES) Programme, backed by a US$ 19.1 million investment. This initiative aims to install solar panels, heat pumps, and battery storage systems in essential public infrastructure, including schools, kindergartens, and hospitals. The goal is to enhance energy independence and resilien

UK UK: The International Monetary Fund (IMF) has projected that the United Kingdom will be the second fastest growing economy among G7 nations in 2025, outpaced only by the United States. Despite the modest growth rate of 1.3%, the UK is expected to outperform major European peers such as Germany, France, and Italy. The IMF highlights that while the economy shows resilience amid trade tensions, tariff impacts, and geopolitical uncertainty, households are facing significant pr

Kitchen and Shaker Cabinets US: US Kitchen Cabinet and Shaker Cabinet have announced that they will not raise product prices despite the introduction of new tariffs on imported cabinets. The companies said they would absorb the tariff impact internally to maintain stable pricing for retailers and customers. This decision contrasts with several competitors who are reportedly reviewing price structures following the tariff measures. Industry analysts believe such stability will

India Launches Next Phase of Housing Project in Sri Lanka's Bandarawela Shri Lanka: India on Sunday launched the second stage of Phase IV of its housing project in Sri Lanka’s central hill town of Bandarawela, reinforcing development cooperation between the two nations. The initiative, part of India’s major assistance programme to construct 65,000 houses across Sri Lanka, aims to rehabilitate internally displaced Indian-origin Tamils. Under Phase IV, India has pledged 10,000

Saudi Arabia Leads GCC Projects Market in Q3 2025 Saudi Arabia: Saudi Arabia led the Gulf Cooperation Council’s projects market in the third quarter of 2025 with USD 28.1 billion in contract awards, accounting for 51.3 percent of total GCC activity, according to Kamco Invest. Total GCC awards dropped 27 percent year-on-year to USD 54.8 billion, while nine-month figures fell 30.5 percent to USD 154.4 billion. In Saudi Arabia, power projects topped USD 9.8 billion, constructio

Dwarka Expressway and UER-II Drive Housing Demand in Delhi-NCR India: The Dwarka Expressway and Urban Extension Road-II (UER-II) have become major growth corridors fueling housing demand across Delhi-NCR, according to reports by Anarock Property Consultants and Cushman & Wakefield. Improved connectivity and proximity to Gurugram and Dwarka have spurred property interest, with housing supply in the region rising 23% in the first half of 2025 compared with last year. Property p

Bahrain Launches Second Phase of Residential Project in Madinat Salman Bahrain: Bahrain’s Ministry of Housing and Urban Planning has launched the second phase of its Advanced Generation Residential Buildings Project in Madinat Salman, which will deliver 432 new apartments for citizens following the successful completion of Phase I comprising 1,382 units, reported BNA. Minister Amna bint Ahmed Al Rumaihi said the initiative aligns with the Government Programme (2023–2026) unde

China’s Exports Surge Despite Escalating Trade War China: Chinese companies exports more goods than expected in September, with shipments rising 8.3% year-on-year, surpassing the 6.6% forecast in a Bloomberg survey, while imports grew 7.4%, resulting in a $90.5 billion trade surplus. The stronger demand from markets beyond the US is helping Chinese firms withstand potential tariff hikes threatened by President Donald Trump and providing support to the domestic economy amid de

Rinnai CANADA: Rinnai America Corporation has expanded its North American logistics footprint with the opening of its first-ever warehouse in Canada, located in Markham, Ontario. The new facility, situated within Canada Cartage Logistics Solutions’ distribution center, offers direct access to Highways 404 and 407, improving delivery efficiency and product availability for partners and professionals across the Greater Toronto Area (GTA) and surrounding regions. The center will

Uttar Pradesh Real Estate Regulatory Authority INDIA: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 21 new projects valued at US$792.3 million, paving the way for 10,866 housing and commercial units across the state. The clearances were granted during the 184th meeting of the Authority chaired by Sanjay Bhoosreddy. “The approval of 21 projects, adding nearly 11,000 new units, highlights the momentum of real estate growth in Uttar Pradesh. With inve