Building materials costs rise
United Arab Emirates: Sunday, May 21 - 2006 at 09:26
Prices of building materials have risen by up to 30% over the past two months, and could possibly go even higher, reported Gulf News. Building materials suppliers in Dubai have put the rise down to higher freight charges, log cutting restrictions in the Far East and a 10% appreciation in the euro. The cost of commercial plywood has risen from $315 per cubic metre to $410 per cubic metre in the past two months.
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Jonathan Sheikh-Miller, Deputy EditorSunday, May 21 - 2006 at 09:26 UAE local time (GMT+4)
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