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UAE sees $43.5bn construction deals in 2017

UAE sees $43.5bn construction deals in 2017
Spending on construction projects in the GCC retreated over the course of the last year.

Dubai – Mubasher: The value of construction projects in the UAE amounted to $43.5 billion in 2017, including AED 106.4 billion ($29 billion) in Dubai, said MEED magazine.

Spending on construction projects in the GCC retreated over the course of the last year, with the exception of Oman and the UAE, the magazine’s report added.

The economic sectors saw an increase in spending on projects, according to Al-Khaleej Newspaper.