The MEED Projects index reached $3.12 trillion in the week to 16 March, an increase of 0.4 per cent on the previous week.
The growth was driven by a 1.5 per cent rise in the value of projects planned or under way in Saudi Arabia.
There was no change to the size of project portfolios in Bahrain, Oman, Iran and Iraq. The value of Qatari projects fell by 0.5 per cent.
| 16 March 2009 ($m) | 02 March 2009 ($m) | % change on week | 16 March 2008 ($m) | % change on year | |
| Bahrain | 68,337 | 68,337 | 0.0 | 36,077 | 89.4 |
| Kuwait | 308,802 | 308,607 | 0.1 | 265,372 | 16.4 |
| Oman | 108,943 | 108,943 | 0.0 | 55,395 | 96.7 |
| Qatar | 222,559 | 223,624 | -0.5 | 181,350 | 22.7 |
| Saudi Arabia | 641,171 | 631,946 | 1.5 | 453,973 | 41.2 |
| UAE | 1,307,868 | 1,303,498 | 0.3 | 770,887 | 69.7 |
| GCC total | 2,657,680 | 2,644,955 | 0.5 | 1,763,054 | 50.7 |
| Iran | 301,036 | 301,036 | 0.0 | 192,060 | 56.7 |
| Iraq | 156,695 | 156,695 | 0.0 | 48,845 | 220.8 |
| Gulf total | 3,115,411 | 3,102,686 | 0.4 | 2,003,959 | 55.5 |
For further information on MEED Projects, please email helpdesk or call +971 (0) 4 367 1302.
MEED Projects, tracking thousands of projects, worth trillions of dollars, is a subscriber-only service that provides comprehensive, up-to-date and accurate project information. MEED Projects also provides analytical tools to enable subscribers to forecast growth within the region or specific industry and to monitor competitor activity
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