MARKET TALK: Financial challenges facing UAE construction sector

Mohammad Khader Al Shouli, Senior Vice President at Mashreq Bank gives an overview of the financial challenges facing the region’s construction industry. Projects are less frequent than they were in the past, terms and conditions for contractors are less favourable, contracts are less clear, payments are delayed, and there have been calls on bank guarantees. Source: Mashreq Market Talk 

01 August, 2017 | Colin Foreman