Dubai contractors face cash flow crisis – FT.com

FT.com reports

“Some contractors and consultants have not been paid for up to six months, and large Dubai-affiliated developers owe billions of dollars, according to contractors, lawyers and executives…”

SOURCE: FT.com / Middle East – Dubai contractors face cash flow crisis

Technorati Tags: , , , ,

  • http://www.chicagoilcontractors.com Chicago, IL Contractors

    Local contractors in the US are also facing huge financial problems due to the poor economy. Many long term contracts are now being cancelled, and much owed, oustanding debt to contractors here in Chicago, Illinois.