Why Carillion bankruptcy won't affect UAE projects | ZAWYA MENA Edition:
"Ongoing projects under the Al-Futtaim and Carillion joint venture in the UAE are unlikely to take a hit from the bankruptcy declared by the British partner on Monday, analysts said.
Abdul Kadir Faizal, CEO, Ere Homes, said Al-Futtaim is a big and well-diversified company and has resources to cope with this situation.
Another analyst, asking not to be named, said projects being developed by the joint venture are unlikely to take a hit because Al-Futtaim has the capacity to handle the situation."
'via Blog this'
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