German construction sector grows
A worker is seen behind scaffoldings at a construction site
Berlin - Arab Today
The German construction sector achieved its highest revenues since 2000 last year and new orders were at their strongest level since 1996, data showed on Friday.
Low interest rates, a strong labor market and a lack of other lucrative investments have created a construction boom, especially in home building, in recent years.
Revenues for firms with at least 20 employees rose by 7.4 percent to almost €72 billion ($76.27 billion), the sixth consecutive increase, data from the Federal Statistics Office (FSO) showed.
Construction industry associations expect sales to rise by 5 percent this year to hit the highest level since 1995.
Data published on Thursday showed rising construction helped the German economy quadruple its growth rate to 0.4 percent in the fourth quarter of 2016.
Source: Arab News
- Sunday ,02 December GMT 14:02 2018 RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fund
- Wednesday ,21 November GMT 07:59 2018 Merkel policies in focus in final debate on draft German budget
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soon
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 15:06 2017 Wednesday ,23 August
DGSN: More than 28,000 People Arrested in August
GMT 23:31 2018 Friday ,05 January
King receives Premier, Crown Prince
GMT 14:09 2017 Friday ,17 March
Saif bin Zayed Participates in brainstorming session
GMT 03:03 2017 Saturday ,10 June
May22nd-June21st
GMT 12:38 2013 Thursday ,25 July
Beauty and history of Al-Muwahideen mosque
GMT 06:56 2017 Wednesday ,20 September
Western powers warn Suu Kyi on Rohingya before speech
GMT 17:07 2017 Thursday ,29 June
Souq Okaz to introduce ‘Narrator’s Tent’
GMT 02:39 2017 Tuesday ,13 June
Russian opposition figure Navalny jailed for 30 days: official
GMT 14:44 2017 Wednesday ,18 October
8.6 million passengers, 21,000 aircraft passed through Sharjah International Airport
GMT 19:41 2017 Tuesday ,18 April
Doha Film Institute opens submissions for Hezayah Screenwriting Lab
GMT 18:29 2017 Tuesday ,11 April
New draft UN resolution calls for Syria gas attack probe
GMT 11:38 2017 Sunday ,03 December
Rajoy pledges economic boost if 'normalcy' returns to Catalonia
GMT 07:06 2017 Tuesday ,29 August
Israeli navy targets fishermen boats in Gaza waters
GMT 14:03 2016 Tuesday ,23 August
Turkmen president blasts sports chief
GMT 09:41 2017 Tuesday ,25 April
Algerian politicians accuse government of politicizing mosques
GMT 02:08 2016 Wednesday ,08 June
Upstart Nepali cinema challenges Bollywood domination
GMT 18:25 2017 Friday ,20 October
Abu Dhabi participates in Frankfurt International Book Fair
GMT 15:41 2017 Monday ,09 October
Poland head to World Cup, perfection for Germany
GMT 14:28 2016 Saturday ,31 December
Fog blankets northern parts of Oman
GMT 12:06 2017 Monday ,05 June
US could withdraw from United Nations Human Rights Council
GMT 23:09 2017 Wednesday ,26 July
1 more Jakarta attack`s victims dead
GMT 08:24 2017 Friday ,27 October
Ezzat Abu Ouf frustrated for terrorism in Egypt
GMT 08:28 2017 Friday ,13 October
Spikes in carbon emissions detected with NASA satellite
GMT 17:25 2014 Tuesday ,23 September
A Thousand Splendid Suns
GMT 19:03 2018 Sunday ,07 October
"Al-Dirdiri" We Agreed With USA on Dialogue
GMT 16:11 2018 Friday ,28 September
Four militants killed near Pakistan border
GMT 03:55 2018 Tuesday ,23 January
Uninterrupted power supply to be provided in summer season: Leghari
GMT 11:06 2018 Saturday ,20 January
Italian Embassy: Italian participation at IBEF Energy Forum
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor