About the event
Faithful+Gould, presents LiveTalk – the second in a series of online broadcasts.
Please join us on 29th August 2017 at 11am GST for a Q2 UAE and KSA market update.
David Clifton, regional development director, will present on Faithful+Gould’s recently published construction intelligence reports, followed by a Q&A session.
KSA “The effects of the PMO roll out will only be felt during 2018 and beyond, so the need to prioritise projects by exception is critical if the industry is to survive at a suitable scale to deliver in the future.”
UAE “GDP growth has been revised down to 1.5% due to a combination of factors, with the greatest impact being the slow recovery of oil prices and the prolonged time for funding to convert from institutional liquidity to engaging with the economy. However, H1 saw an improvement in awards across the Emirates compared to H1 2016. We’ve seen c.$22Bn of awards to date, which is in line with expectations of a full year of $45Bn.”