| From Gulfnews.com: Volatile prices of building materials are causing strained relationships between contractors and developers, industry experts say. The construction boom has created a huge amount of work in Dubai and while developers struggle with increasing prices, contractors have been the ones calling the shots.
"The last six months has seen a lot of volatility in the local market, especially with steel and cement. Contractors have been able to negotiate," said Riad Bsaibes, chief operating officer of Amana Contracting..... Full Article: Source
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