There was no change to value of projects in Bahrain and Qatar.

Iraq’s portfolio of projects grew at 1.1 per cent, the fastest rate in the region while in the GCC, Saudi Arabia recorded growth of 0.9 per cent.

The index is 58.7 per cent higher year on year.

02 February 2009 ($m) 26 January 2009 ($m) % change on week 02 February 2008 ($m) % change on year
Bahrain 64,127 64,127 0.0 27,821 130.5
Kuwait 306,320 306,660 -0.1 273,950 11.8
Oman 96,021 95,921 0.1 52,112 84.3
Qatar 220,671 220,671 0.0 159,207 38.6
Saudi Arabia 613,356 608,083 0.9 400,132 53.3
UAE 1214,308 1,214,308 0.0 724,707 67.6
GCC total 2,514,803 2,509,770

0.2

1,637,929 53.5
Iran 291,325 291,325 0.0 188,175 54.8
Iraq 146,006 144,406 1.1 33,615 334.3
Gulf total 2,952,134 2,945,501 0.2 1,859,719 58.7

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