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 11:22 2017 Wednesday ,29 November
Fadl Shaker will not leave Ain Al Halwa soon
GMT 17:32 2017 Tuesday ,07 February
UK Speaker: Trump shouldn’t be allowed to address Parliament
GMT 13:37 2018 Tuesday ,09 January
UN Chief warns new conflict in Lebanon would be 'devastating'
GMT 09:30 2017 Monday ,18 December
In Kashmir, Pakistan and India race to tap the Himalayas
GMT 05:26 2017 Sunday ,17 December
Indian PM meets British counterpart at India-UK CEOs Forum
GMT 09:08 2017 Friday ,10 February
UN chief congratulates Farmajo on election as new Somali president
GMT 06:40 2017 Saturday ,18 February
US defence chief hails NATO as ‘fundamental bedrock’
GMT 23:37 2017 Sunday ,09 July
Egypt must deal with Israel over Sinai action
GMT 02:57 2017 Friday ,21 April
Chinese firms commit $3.1billion investment in Duqm free zoneGMT 21:06 2012 Wednesday ,11 January
Eve Lom available at Raffles Spa
GMT 12:38 2017 Wednesday ,27 September
Harvey, Irma weigh on September US consumer confidence
GMT 02:28 2017 Thursday ,31 August
Indonesia poised to become global home of batik
GMT 04:24 2018 Monday ,01 October
Egypt's trade hits $59.683 bln in 8 months "Industry ministry"
GMT 01:27 2018 Sunday ,14 January
Tunisia president to meet unions, employers
GMT 02:15 2018 Thursday ,11 January
AfD hardens radical, anti-Muslim course
GMT 18:44 2016 Monday ,19 September
Delhi, Islamabad in war of words as 17 soldiers die in Kashmir suicide blitz
GMT 16:30 2016 Tuesday ,05 January
Russia: Daesh uses chemical weapons in Syria with 'very high' probability
GMT 16:15 2017 Thursday ,09 March
Hamas seeks to self-manage Palestinian ministries in Gaza
GMT 14:09 2013 Thursday ,13 June
Kiehl\'s to launch Super Multi-Corrective Cream
GMT 13:42 2017 Sunday ,10 December
Bahrain-US relations, cooperation reviewed
GMT 12:09 2017 Wednesday ,08 March
Moldova's Deputy Prime Minister Meets Qatar's Ambassador
GMT 02:29 2017 Wednesday ,22 March
Laundered Russian cash ‘went through big banks’
GMT 15:33 2017 Tuesday ,05 September
Maduro cancels Human Rights Council appearance in Geneva
GMT 09:32 2017 Thursday ,23 March
Moldova Parliament Speaker Meets Qatar's Ambassador
GMT 06:59 2017 Sunday ,26 February
Major News Media Shut out of White House Briefing
GMT 17:16 2017 Sunday ,20 August
Search ongoing after Indian rail crash claims at least 23 lives
GMT 01:43 2017 Monday ,09 October
Decision an outcome of the openness of decision makers
GMT 23:01 2017 Wednesday ,06 December
Air Arabia signs engine support contract for A320 Fleet
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor