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Construction

Housing projects in Egypt could see delays in delivery to clients and even face cancellations due to impact of the recent revolution in Egypt, according to a report by Jones Lang LaSalle.

Dubai has hired four local and international banks to raise US$800mn by securitising Salik road toll receipts and will use the proceeds to fund infrastructure projects according to a recent government statement.

Saudi Arabias construction sector recorded a big leap in Q1, with the value of contracts awarded by the government rocketing by more than five times over the same period of last year.

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