The costs of building materials in the Gulf region jumped 50% during the first half of the year following a 30% hike last year, said regional real-estate developer Al Mazaya Holding Company in a statement yesterday. The Kuwaiti-based company said this was due to inflationary pressures in the region that also prompted skilled and unskilled laborers to leave the UAE, where some 60% of the residents are of Asian origin.
Archives
Popular News
Punjab rolls out phase 2 of Kissan Card
April 19, 2025
PM lays foundation stone for Murree Road underpass
April 22, 2025
CBD Lahore’s PKR 9 bn Route 47 completed
April 23, 2025
Pak’s road network expands as SIFC clears new motorways
April 18, 2025
Gold mining officially begins in Kohat’s Resai area
April 22, 2025