Complex Made Simple

Cement prices rise 50% in March

The average cement price in Dubai increased by more than 50% in March to meet rising demand for construction projects, according to a report by the Dubai Chamber of Commerce and Industry. Cement production in the UAE in 2007 was estimated at 13.2 million tonnes, but consumption was about 18.2 million tonnes and is expected to reach 23 million tonnes by 2010, reported Gulf News.