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FINANCIAL NEWS
Saudi construction sector to reach USD298 b in volume by 2016
20 Feb 2014
(MENAFN) Investments’ volume of Saudi building and construction sector is expected to hit USD298 billion worth by 2016 compared to the current USD199 billion, according to Arab News.
Basic building materials, including cement, rebar, water tanks, doors and windows, are easily found in the local markets.
However, items like certain electrical and sanitary are not easily available.
The construction sector provides a good number of job opportunities, and is second in terms of contribution to the gross domestic product (GDP) after the oil sector.
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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