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FINANCIAL NEWS
Construction sector on the rise in ME
04 Sep 2013
(MENAFN) The construction sector in the Middle East is expected to grow by 19 percent this year, The Peninsula reported.
A statement released by Aldes Middle East, a provider of ventilation and fire fighting solutions, said that the total value of completed projects in the region so far this year hit USD81.6 billion. Additional projects worth USD64.5 billion are to be awarded before the year’s end.
Aldes has been an aggressive player in the region securing multiple contract wins. “Aldes has set its focus on the world”s emerging markets, particularly Middle East, whose construction segment has demonstrated continuous growth and resiliency,” Aldes international manager, Morane Rey-Huet, said.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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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