Tuesday 29 July 2014
construction sector

Saudi construction on track to hit $300bn

The construction and building sector in Saudi Arabia is forecasted to reach SR1.12 trillion ($300 billion) in 2016, second only to the oil sector, a report said. The contribution of the sector to the gross domestic product (GDP) i


Kuwait’s $16bn projects sector in spotlight

Kuwait is estimated to be awarded $16 billion worth of projects by the year-end, marking a 60 per cent increase from 2012, according to the knowledge partner of the upcoming The Big 5 Kuwait exhibition. The Sustainable Design and


Bahrain construction sector may lose 3,500 jobs

Bahrain's construction sector could be devastated with the loss of more than 3,500 jobs because contractors have not been paid by a real estate developer. Major international and local contractors are struggling to recover large sums o


Bahrain construction sector 'better off than most'

Bahrain's construction industry, although struggling somewhat, is performing better than most in the region, according to a new study. However, the pace of development has slowed down across the kingdom, said the study b


Qatar construction sector set for 17pc growth

The Qatar construction sector is poised for a 17. 6 per cent year-on-year growth in 2009, as gas revenues continue to provide the country with ample funds to re-invest into infrastructure development and construction projects, said an expert.


UAE to study crisis impact on construction industry

The impact of global financial slowdown on ‘vital’ UAE construction sector will be assessed at a UAE federal government-sponsored seminar, it was revealed. The seminar entitled 'Public finances in place for infrastructure projects,'

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