03
Aug
13:02
UAE construction sector sees strong first-quarter growth
The construction sector in the United Arab Emirates registered 9.2% on-year growth in the first quarter to AED 36.3 billion ($9.88 billion), Kallanish notes.
According to Federal Centre for Competitiveness and Statistics data, the real estate sub-segment posted a 3.1% on-year expansion in Q1.
The country's non-oil GDP amounted to AED 312 billion in Q1, an on-year increase of 4.5% or AED 13.5 billion compared to last year.
Overall GDP rose 3.8% or AED 15 bill…
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Anonymous
Very good overview of the weekly steel market.
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