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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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