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Tea
and Cofee |
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Fajer Al Sharq presents
Coffee and dates reference to the Arabic tradition "The Dates
“Bahar” Coffee". Fajer Al Sharq offers their products from pure and
fresh coffee and original Arab dates yet hot to be more enjoyable
for you and your guests.
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Ready-Mix Concrete
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Fajer
AlSharq – Media Division: by UAE daily
Emirates Business 24/7
UAE
suppliers of ready-mix concrete are
struggling to keep up with demand with
the risk that construction projects may
be delayed further, UAE daily Emirates
Business 24/7 reported on March 5,
citing cement companies and contractors.
"Many suppliers won't sell if you are
asking for less than 300 tonnes of
steel, and some have much higher ceiling
for orders," another trader said. "So if
you are a small contractor you are
facing a major problem."
A pick-up in international billet prices
have also boosted domestic steel prices.
Demand for steel in the UAE was 3.5
million tonnes in 2006, according to a
report from the Gulf Organisation for
Industrial Consulting.
It said demand for iron and steel
products in the world's biggest oil
exporting region, where more than $1
trillion of infrastructure projects are
in the pipeline, would climb 31% to 19.7
million tonnes by 2008.
The UAE's deputy prime minister ordered
a countrywide lifting of customs duties
on cement and steel on Sunday.
The move comes days after Dubai ruler
Sheikh Mohammed bin Rashid al-Maktoum,
vice president and prime minister of the
UAE, issued a decree ordering a
temporary lifting of the levies in the
emirate to control rising costs for
building materials.
The UAE has agreed with its Gulf Arab
partners to create a customs union,
fixing duties at a minimum 5%.
Consultancy EC Harris has said costs in
the UAE, centre of a regional
construction boom, could jump by a fifth
next year on higher material and labour
costs.
It added that costs for materials such
as cement and steel could rise 19%
during the next 12 months.
In neighbouring Saudi Arabia, Saudi
Basic Industries Corporation (Sabic) has
cut prices of reinforcing steel by 4.8%
last month to 2,980 riyals per tonne but
kept the price of steel bars unchanged,
traders have said.
The Dubai Gold and Commodities Exchange
(DGCX), the Middle East's only
commodities bourse, in October launched
the first international tradeable steel
rebar contract in order to allow
manufacturers and customers to lock in
prices in the steel market, which lacks
a transparent global benchmark for
setting prices or hedging risk. |
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Copyright © 2008
- 2009 Fajer Al Sharq, All rights
reserved |
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News & Update |
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Water Scooter |
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 For
children and adults (upto the weight of 70 kg) with very attractive
price. Contact us for more information |
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Contact
Us |
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Rice |
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 Fajer
AlSharq recommends consumers as well as
traders, the Basmati Rice, because it
simply, with a better taste. |
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