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FINANCIAL NEWS
Abu Dhabi’s building material prices up in July
21 Aug 2011
(MENAFN) Statistics Centre-Abu Dhabi (SCAD) said that during the past month, the prices of building materials grew, where average cement price went up 8.1 percent a tone and Al Etihad White Cement/UAE’s cement price surged 15.8 percent, reported Emirates 24/7.
SCAD added that in the month, the prices of items in the aggregates and sand group ranged between 11.1 percent and 23.1 percent where the average price of items in the whole group rose 17.7 percent recording the biggest increase amongst all building groups.
It also said that due to a 42.9 percent decline in the price of Glass/6mm/ Saudi Arabia and another 39.2 percent drop in the price of Mirror Glass/4 mm Saudi Arabia, glass group prices dropped by 33.1 percent.
It is worth noting that as a result of a notable increase in the price of “CU 132kv/ 1800mm” which went up 66.9 percent, the prices of Power cable grew 44.7 percent in July, while “Transport Equipment” rents surged by 37.6 percent and “Wires for Residential Towers” prices hiked 25.2 percent.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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