29
May
15:08
Pandemic, oil hit MENA construction, longer-term outlook good
Construction spending in the Middle East and North Africa has been hit significantly by the latest oil price slump and Covid-19 pandemic, but regional fundamentals still provide a solid longer-term outlook, according to MEED.
In a recent webinar monitored by Kallanish, MEED said MENA project contract awards slumped -43% on-year in April to below $6 billion, collapsing in most countries, although Saudi Arabia saw only a slight decline. United Arab Emirate…
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Anonymous
Very good overview of the weekly steel market.
Anonymous