UAE: Rise in prices of building materials reported

Published May 29th, 2005 - 06:38 GMT
Al Bawaba
Al Bawaba

Prices of real estate projects in the UAE is set to rise as merchants and building material companies said that the prices of some building materials, mainly cement and wood, are increasing. Merchants, however, said the market will not post a big hike in prices as experienced last year, The Gulf News reported.