The unveiling of the $95bn Jumeira Gardens scheme and the $38bn Nakheel Harbour & Tower development pushed the total value of UAE projects planned or under way above $1 trillion for the first time.

Table: Gulf Projects ($m)

13 Oct 2008 6 Oct 2008 % change on week 13 Sep 2007 % change on year
Bahrain 51,700 47,504 8.8 28,880 79.0
Kuwait 295,954 295,954 0.0 248,592 19.1
Oman 99,057 99,057 0.0 47,446 108.8
Qatar 202,826 201,893 0.5 143,844 41.0
Saudi Arabia 598,038 571,234 4.7 367,818 62.6
UAE 1,147,195 992,212 15.6 669,303 71.4
GCC total 2,349,770 2,207,854 11.0 1,505,883 62.8
Iran 280,501 272,451 3.0 107,940 159.9
Iraq 87,206 83,076 5.0 29,452 196.1
Gulf total 2,762,477 2,563,381 10.0 1,643,275 71.6

For further information visit www.meedprojects.com.

MEED Projects, tracking over $2 trillion worth of projects, is a subscriber-only service that provides comprehensive, up-to-date and accurate project information. Monitor industry and business development opportunities through market data tailored to your needs.

Be the first to know about new projects; we provide the data so you can win the business.