The total value of projects planned or under way in the Gulf remained virtually unchanged at $1.718trillion in the week ending 12 November, according to MEED Projects.
The biggest increase was recorded in Qatar, where a near doubling in the cost of Qafco 5 to $3bn helped push up the total value of projects by 4 per cent.
In contrast, Saudi Arabia suffered the biggest fall, as a result of the $11bn Jeddah Hills development being shelved.
TABLE: Gulf projects ($m)
|12 November 2007||5 November 2007||% change on week||15 October 2007||% change on year|
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