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FINANCIAL NEWS
Saudi construction sector to grow 35 percent in 3 years
07 Apr 2014
(MENAFN) The Saudi construction market is expected to see a significant growth of 35 percent in three years to 2017, according to Arab News.
Saudi plans construction projects worth as much as USD732 billion this year.
The sector is also expected to become the fastest-growing in the Kingdom’s economy by 2015.
In 2013, awarded construction projects were estimated at USD42 billion in Saudi, up from USD17 billion in 2012.
Gross domestic product boosted by 3.19 percent in the third quarter of 2013 in current prices compared with a 2.7 percent rise in the third 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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