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How would you rate the achievement for construction and banking sectors during the year 2014 (In Gulf countries)?

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Question ajoutée par Mukesh Varadhan , Administration Manager , M/s. Triton Health Care
Date de publication: 2014/12/20
hossam azzam
par hossam azzam , Fast food restaurant,s manager. , alexandria-egypt

Thanks for the invitation

Good question

Agreed with both answers given by

Mr.:Patel & Mr.:Vrindavan as well too

Divyesh Patel
par Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Thank you for your invitation Sir.

 

I don't have much knowledge on banking and construction sector in the Gulf countries so I cannot comment.

 

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Construction Industry: More expectations in the nature of the beginning of another boom with scope for Infrastructure development plans. (2014)

Banking: Might have witnessed outflow of money due to better exchange rates reducing the Savings habits of repatriates-- and in the same way might have witnessed off take of personal loans for remittance purposes by repatriates. Reducing rates of Oil prices might have effected the inflow of funds to the Gulf countries in dollar terms. Services charges on account of remittances might have increased which is one of the major source of income for the Banks in Gulf Region. Other aspects not much observed.

 

Alex Al Yazouri
par Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

The governmental spending on infrastructure development went well in2014 in GCC.

 

 

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