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FINANCIAL NEWS
Construction sector in KSA to USD300b 2016
16 Jan 2014
(MENAFN) The value of the Saudi construction market is expected to hit USD300 billion in 2016, Arab News reported.
The construction and building sector ranks second in the Saudi economy after the oil sector as contributed 16.5 to the gross domestic product (GDP) in 2012.
A study by Jadwa Investment said the construction sector expanded 5.7 percent in the third quarter from the same period a year before, but down but down 6.5 from the second quarter of the same year.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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