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FINANCIAL NEWS
Mena construction sector to spend $600b
04 Oct 2010
(MENAFN) A report conducted said that the MENA construction and infrastructure sector is the second leading emerging market after China, it is anticipated to spend a total of $600 billion by 2013, Gulf Daily News reported.
The continuing outlook for the MENA construction sector stays unchangeable where contractors carry on grappling with the aftershocks of the fall down of the Dubai construction market.
The contractors need to expand away from Dubai and this need is met with the wait-and-see strategy.
Investors wishing to buy the MENA construction theme have a choice of three regional stocks: Arabtec, DSI and OCI; the most liquid being Arabtec, followed by OCI then DSI.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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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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