One of the UAE’s largest contractors complained to ArabianMoney last night about the holding back of a ‘tidal wave’ of new construction contracts as investors are worried by a change of US president and the possibility of a war between Israel and Iran.
Most of the investors involved are, of course, the governments of the Oil States under their many corporate pseudonyms. Oil revenues have been high again this year and these countries have plenty of money to spend on infrastructure.
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