Abstract: Oil price volatility has sparked a lot of speculation in the market, forcing investors to criticize their investment decisions with hindsight. Simply put, volatility is a numbers game; one that applies statistics in the analysis of how returns disperse for a particular market index or security. Either variance in income generated from the same market index/security or standard deviation can be used to measure volatility. This paper targets to expound on the effect of oil price volatility on U.A.E construction projects. By analyzing the extent to which investment decisions in U.A.E’s construction industry have been affected by the almost unpredictable nature of oil prices, the paper seeks to shed some light on viable solutions that, when properly implemented, can help salvage the booming industry from complete annihilation. Keywords: Oil price volatility, U.A.E, construction industry. Title: Effect of Oil Price Volatility on Construction Projects in United Arab Emirates Author: Fakhreldin B. Eltyeb, Dr. Abdelgadir M. Mahmoud, Prof. Awaludin M. Shaharon International Journal of Engineering Research and Reviews ISSN 2348-697X (Online) Research Publish Journals
