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Major cash injection to fund construction of roads, housing and drainage networks in Northern Emirates.
Oversupply could lead to plummeting profits among cement producers, say industry experts.
Cement traders have warned that the UAE government's attempt to stabilise rising cement prices by setting a price cap, could lead to the growth of a black market in the regional construction industry.
Following Humaid Al Tayer’s meeting with the Iraqi minister of labour & public affairs, the UAE steps up its work in Iraq.
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