PNN – Yemen’s missile and drone attacks on Israel have caused the Zionist regime’s construction market to face an unprecedented and serious recession.
According to the report of Pakistan News Network, Al-Masirah TV channel, citing the Israeli economic newspaper “Calcalist”, reported that the crisis in the construction sector in the occupied territories has increased sharply. According to the report, labor shortages and delays in the supply of raw materials, which are direct consequences of naval attacks by Yemeni forces, are cited as the main factors in this crisis.
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The Israeli newspaper, citing a report from the Central Bureau of Statistics, announced that in the first quarter of 2025, the number of building permits issued fell by 35 percent. The number of units under construction also fell by 12 percent, and the number of completed apartments fell by 21.5 percent.
Economic experts in the occupied territories have warned against the continuation of this trend, calling it a serious threat to the housing market and the Israeli economy.