MARKET TALK: Dramatic macroeconomic changes have impacted the construction sector

Mohammad Khader Al Shouli, Senior Vice President at Mashreq bank says the region has gone through dramatic economic changes over the past few years, with the drop in oil prices being the dominant factor. For existing projects the challenge for the construction industry has been delivering with constrained budgets while at the same time meeting deadlines and maintaining quality.

Source: Mashreq Market Talk