Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

Mouchel to exit Middle East

01 April 2010
 

Mouchel is to sell its entire Middle Eastern division after exiting Dubai last year. The intention was  to continue operating  in Abu Dhabi, Kuwait and Saudi Arabia. However, in the company’s half-year results, chief executive Richard Cuthbert announced Mouchel would end its 30-year presence in the region as further bad debts racked up.

Difficulties in the Middle East and the previous exit from the UK rail industry were largely responsible for group revenue falling 14% to...

+48% more

 

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