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GCC contracting sees signs of a shake-up

"Regional governments need to find investors to help fund their projects as well as contractors to build them"

"Expenditure cuts have led to delayed payments, vigorously contested claims and – with the exception of a few key markets – a sharp drop in the total value of contract awards.The impact of the expenditure cuts has yet to be fully realised. In Saudi Arabia, the kingdom’s two largest contractors..."

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