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Real Estate Briefing - Categorized | Construction, Investment, Middle East and Africa more

Middle East no longer a safe haven

Posted on 30 October 2008

From Theedgedaily.com: Malaysian construction players which had sought refuge in the high-growth markets of the Middle East may now no longer regard the region as a safe haven in the face of the global credit crunch.

Analysts said the local construction companies looking to replenish their order books with jobs particularly from the Middle East were likely to find the road to that region bumpier than it used to be, primarily due to funding issues there. …. Full Article: Source


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