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Saudi and Qatar Construction Industry Looks Forward to a Hike in Salaries


Dubai, UAE : 03 May 2010

The Gulf’s construction industry has been particularly hard hit by recent global financial shenanigans, but recent news from EC Harris, a UK based asset consultancy, suggest that in the coming year staff who work in the Saudi and Qatar construction industry can expect anything up to a 15% rise in their salaries, due to a lack of sufficient skilled staff in the two countries.

This is good news for the UAE too, after a number of Emirates construction companies recently ventured into both Saudi and Qatar in the wake of significant new building projects that have been financed largely by government revenues.

Salaries are not expected to rise to the dizzy heights that Dubai saw in the months before the economic crash, but it is thought that construction workers in the region will be willing to travel to jobs in Saudi and Qatar whilst waiting for the UAE to recover further.

According to reports from marketresearch.com the UAE construction industry is likely to see growth of approximately 20% in the period 2010-2012.

Sarah O'Connell, Staff Writer, Gulf Jobs Market
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