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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
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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