UAE: Construction claims up 10 times

Published June 12th, 2005 - 09:02 GMT
Al Bawaba
Al Bawaba

Construction claims in the UAE went up 10 times compared to five years ago, hitting $4 billion in 2004. With an estimated $30 billion in ongoing construction projects, live contractual claims could run to hundreds of millions of dollars, according to industry sources, quoted by Khaleej Times.