"After a subdued 2017, the supply chain is hoping that rising oil prices will allow the backlog of regional projects to be delivered"
"The final figures for GCC contract awards in 2017 were grim reading for projects market professionals, with the year marking a new low for the industry. Just $108bn-worth of projects were awarded in the GCC last year, $10bn lower than in 2016, making it worst year for the region since 2003, according to regional projects tracker MEED Projects.
Yet despite everything, the top-line figures do not necessarily tell the whole story....."
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