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Gulf Contractors face increasing competition

"The region’s construction sector is in a period of transition and is repositioning itself to tackle new challenges in 2019"

"However, after five years of consistent project spending, it seems that Dubai’s construction market is running out of steam. The amount of new work awarded is levelling off and starting to decline, and the amount of work being completed is increasing. This trend is expected to continue as spending is directed towards completing existing schemes instead of starting new projects. For MEED’s Top GCC Contractors.."

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