Middle East is buzzing regardless the current low oil prices. Construction and industrial projects are everywhere and market is becoming more sophisticated. How does Tikkurila Oy paint the picture of Middle East opportunities for them?
Nordic Industries Development has completed assignments in the Middle East since 1997 and the first office was established in Dubai in 2004.
The fall in oil price and commodity prices has hit hard international basic industries and supporting businesses. Projects around the globe are being postponed or scaled down. Some reserves hailed previously with optimism and about their future potential such as Norwegian Continental Shelf, UK continental Shelf, shale gas and deep sea drilling have become less viable economically. The Arctic exploration has been nearly stopped all together.