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Resilient

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UAE’s resilient construction sector poised for growth momentum with high-value pipeline of USD590 billion in 2024

Despite ongoing global challenges such as persistent inflation, elevated interest rates, and geopolitical tensions, the total pipeline value of unawarded construction projects in the Middle East and North Africa (MENA) is set to reach USD3.9 trillion, with the UAE holding a significant share at 15%, according to JLL’s latest UAE Construction Market Intelligence Report.