Monday 27 April 2015
 
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GCC construction

GCC projects to hit record $172bn in 2015

The value of contracts placed in the GCC will rise to $172 billion in 2015 despite lower oil prices, marking a value higher than in 2014 and a new record for the region, said an industry expert. This is good news for the market wh

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GCC construction sector sees drop in confidence

While the GCC construction industry remains positive about 2015 with 77 per cent of respondents to a survey stating they were optimistic, their confidence levels have fallen by 13 per cent from last year, a report said. The drop i

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Saudi, UAE lead $1.5trn GCC projects market

Saudi Arabia and the UAE are at the forefront of the $1.5 trillion GCC construction market with projects estimated at $629 billion and $494 billion respectively, a report said. To support every sector of the industry, The Big 5, t

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Big 5 to drive $195bn GCC building market

The Big 5, the largest event for the construction industry in the Middle East, will introduce new features to help drive the estimated $195 billion worth of construction projects expected to start in the GCC over the next two years. The 20

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GCC construction boom to hit $330bn

The civil construction boom across the Arabian Gulf will reach in excess of $330 billion by the end of 2008, more than ten times the annual investment being made in the region’s cash-rich oil and gas industries, according to a new research.

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