TITLE

ANALYSIS: Construction spending in GCC to fall

AUTHOR(S)
FOREMAN, COLIN
PUB. DATE
August 2012
SOURCE
MEED: Middle East Economic Digest;8/31/2012, Vol. 56 Issue 35, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents an analysis of construction spending in Gulf Cooperation Council (GCC) in 2012. It states a collapse in spending in the United Arab Emirates (UAE) will result in a 28 percent decline in construction project spending. It mentions that Saudi Arabia is expected to replace the UAE as the GCC's most active market and speculates in 2013 the UAE should recover as a result of spending on major contracts awarded in 2012.
ACCESSION #
79814595

 

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