Building Materials
October 2020

The burgeoning building materials market in Saudi Arabia is projected to grow at an annual rate of 7 per cent, reaching a value of SR700 billion ($186 billion) by 2030, according to the Saudi Arabian General Investment Authority (SAGIA). Total spending in this large market over the past five years has exceeded SR1.






October 2020

The construction materials industry has ranked second among Saudi Arabia's non-oil exporting sectors for the first half, with the total exports surging to over SR10 billion ($2.7 billion), according to a report by Saudi Export Development Authority.






October 2020

The Middle East construction chemicals sector is expected to grow by 5.5 per cent compound annual growth rate by 2024, shrugging off Covid-19 after-effects that threatened to cripple most industries.






October 2020

The costs of manpower and some building materials used in construction projects in the UAE have fallen recently. The average cost of construction labour dropped by 20.5 per cent, while diesel prices edged down by 8.4 per cent in April when compared with March 2020. Steel prices also declined by 2.






October 2020

Covid-19 has drastically changed the perception of hygiene and cleanliness, spurring interest in antimicrobial coatings, according to a new report from Lux Research.






October 2020

Egypt's exports of building materials, refractory and metallurgy industries hit $1.5 billion during the first quarter of 2020, recording an increase of 32.8 per cent, compared with $1.15 billion dollars during the same period last year.






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