27
Jan
09:38
Concern increases over new Saudi construction awards: bank
EFG Hermes foresees increased concern over future construction contract awards in Saudi Arabia owing to higher oil price volatility and a potential cut in government spending.
In a report obtained by Kallanish the investment bank says there is no turnaround in sight in 2016 for Saudi’s largest publicly-listed construction company, Abdullah A. M. Al-Khodari Sons Co, following a tough 2015.
Al-Khodari’s management held last week a conference call in…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous