The economic output of the UAE’s construction industry is expected to expand by 4% in real terms in 2024 and 4.2% in 2025 according to a report by GlobalData.
The increased output is supported by developments in infrastructure, energy and utilities and residential construction projects. According to regional projects tracker MEED Projects, which tracks contract awards, there were a record $95bn of contracts across all sectors, including construction, transport, oil,…