Middle East equipment rental in focus
23 November 2022
High oil prices are supporting some of the Middle East’s most ambitious construction and oil & gas projects; and with equipment in short supply, there’s potential for rental to win big. Belinda Smart reports.
Oil price hikes following Russia’s invasion of Ukraine are a headwind for many economies.
For the Middle East - including the Gulf Cooperation Council (GCC) countries of Saudi Arabia, the United Arab Emirates, Kuwait, Bahrain, Qatar, and Oman - it’s a different story.
Higher oil prices have brought additional revenues…
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