BROADCAST 1: Regional Outlook from Parsons

All international companies look at three things, says Bill Bodie, MEA executive vice-president at Parsons. Where is your revenue headed, what are your margins and what your working capital situation is. If all three are somehow out of whack, then you have to do some soul searching and identify whether this is really a market you want to be in. And I think the situation is out of whack at the moment in this region. But we also see some positive signs, for example in terms of the adoption of new technologies, and in terms of embracing economic diversification. Source: Mashreq Live Broadcast