The drop was largely due to a 7.7 per cent fall in the value of projects planned or under way in Kuwait, where several large-scale schemes have been put on hold recently.
The biggest rise of the week was recorded in Oman, which registered a 3.7 per cent increase in its project portfolio.
Table: Gulf Projects ($m)
|6 May 2008||28 April 2008||% change on week||4 May2007||% change on year|
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