Thomas & Adamson reports growth in turnover and headcount ...United Arab Emirates

Thomas & Adamson has said that its turnover and staff headcount grew by 25% and 20% respectively in the first half of FY2023, representing significant growth compared to FY2022. The firm said that its strong performance in the Middle East has been driven primarily by the UAE. Quoting Mordor Intelligence, the firm said the UAE construction market size in 2023 is $38.99bn, with $145bn in projects currently underway, and a project pipeline of approximately $125bn. Despite being a growth market, inflation across construction prices, dynamic market conditions and supply chain challenges, including high levels of construction price inflation have given rise to a desire by clients to minimise timel

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Last updated : 11 September 2023 clock 11:00 AM

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Thomas & Adamson reports growth in turnover and headcount ...United Arab Emirates

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