MARKET TALK: Local vs international contractors

“What an international contractor brings to the table, which a local contractor today doesn’t have, is the diversity of revenues, the fact that they have a deeper balance sheet, and are probably much more capitalised,” says Chiradeep Deb, managing director, head of corporate finance, DCM and Syndications at Mashreq Bank. “But there have been certain shifts we have seen in the market over the past couple of years.”

Source: Mashreq Market Talk