Sunday 17 April 2011

UAE’s Al Jaber looks to Qatar for growth in 2011 - Construction - ArabianBusiness.com

Al Jaber Group, one of Abu Dhabi's biggest contractors, is not expecting growth in the UAE this year and will instead look to its operations in Qatar.

Chief operating officer Fatima Al Jaber said that business in its home market was "stabilising" and that growth could amount to "maybe five percent this year".

The company is working on major housing, oil and gas and infrastructure projects in the UAE but is suffering from a difficulty in receiving payments.

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