In the Race to Build, Saudi Arabia Out Ahead

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According to this report in Al Arabiya, Saudi Arabia has “swept the UAE off the top spot in the regional construction race with plans to generate higher funds towards the Kingdom’s construction sector.” In other words, Saudi Arabia, in the race to build and grow, is leaping ahead of other GCC states.

The report, citing data released at the Arab World Construction Summit in the UAE, notes that the “Kingdom plans to generate nearly $450 billion in construction contracts in the next five years compared to $400 billion in the UAE.”