Monday, January 15, 2018

British construction firm linked to Qatar 2022 project collapses

Auditors KPMG in July identified £845 million ($1.1 billion) of contract write-downs, with some of Carillion's problems arising from payment delays in the Middle East. In light of this, it stated in its half-year financial report 2017 that it would try to exit certain markets, including Qatar, Saudi Arabia and Egypt.
Delivered by KPMG Today (@KPMG_TO)
Article continues here
Follow @KPMG_TO on Twitter to get latest updates