China’s investment in its Belt and Road Initiative (BRI) held steady at $68bn last year, according to a report by Shanghai’s Fudan University, but it has changed where it’s spending…

Iran, Russia, and Azerbaijan have agreed to establish a rail link through their countries giving Iran a direct rail connection to northern Europe, the Mehr news agency reports. Iran’s deputy…

EU Commission president Ursula von der Leyen today said the EU could seize €300bn of Russian Central Bank reserves and use it to rebuild Ukraine. A further €19bn of Russian…

Russian shelling over Saturday and Sunday resulted in 12 direct hits on structures at Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP), Ukraine’s nuclear power company Energoatom said yesterday. Experts from the…

Russian nuclear engineer Rosatom poured the first concrete on Saturday (19 November) for the second reactor at Egypt’s El-Dabaa Nuclear Power Plant, the country’s first. Egypt’s energy minister Mohamed Shaker…

Forty percent of Ukraine’s energy infrastructure has been damaged by Russian missiles and drones following Russian defeats on the battlefield, Ukrainian president Volodymyr Zelenskyy has said, calling the attacks “Russia’s…

As Ukraine’s allies work out how to coordinate an eventual reconstruction of the country, the cost of the damage inflicted by Russian forces on its buildings and infrastructure stood at…

Swiss cement giant Holcim this week said it would exit the Russian market “in line with the company’s values to operate in the most responsible manner”.

Architect Foster + Partners and consultant Turner & Townsend have become the latest UK built environment firms to halt work on projects in Russia. Others to have announced pull-outs in…

Dallas-headquartered construction giant Aecom today announced its immediate exit from Russia.

Finland’s biggest construction company YIT has halted investment in Russia over its invasion of Ukraine.