The GCC projects market rose 3.4 per cent to $2.1 trillion in the week to 11 August, according to MEED Projects, while the total Gulf market, including Iran and Iraq, rose 3.1 per cent to almost $2.42 trillion.
Table: Gulf Projects ($m)
| 11 August 2008 | 4 August 2008 | % change on week | 11 August 2007 | % change on year | |
| Bahrain | 39,998 | 40,078 | -0.2 | 31,055 | 28.8 |
| Kuwait | 295,095 | 267,185 | 10.4 | 252,757 | 16.8 |
| Oman | 92,905 | 92,895 | 0.0 | 44,496 | 108.8 |
| Qatar | 211,619 | 210,904 | 0.3 | 144,851 | 46.1 |
| Saudi Arabia | 532,148 | 499,612 | 6.5 | 365,239 | 45.7 |
| UAE | 934,096 | 924,987 | 1.0 | 665,101 | 40.4 |
| GCC total | 2,105,861 | 2,035,661 | 3.4 | 1,503,499 | 40.1 |
| Iran | 237,347 | 237,057 | 0.1 | 110,800 | 114.2 |
| Iraq | 75,026 | 71,876 | 4.4 | 26,202 | 186.3 |
| Gulf total | 2,418,234 | 2,344,594 | 3.1 | 1,640,501 | 47.4 |
For further information visit www.meedprojects.com.
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