The MEED Projects index increased by 2.4 per cent in the week to 19 April.
Bahrain and Iraq both witnessed large increases in deal volume. The total value of projects on hold is now over $652bn and the index is down 8 per cent on the previous year.
Value of projects planned or under way in the Gulf
| Value of projects planned and underway on 19 April 2010 ($m) | Value of projects planned and underway on 12 April 2010 ($m) | % Change on week | Value of projectsplanned and underway on 19 April 2009 ($m) | % Change on year | Value of onhold projects on 14 April 2010 ($m) | |
| Bahrain | 69,690 | 66,009 | 5.6% | 67,899 | 2.6% | 15,543 |
| Kuwait | 273235 | 274195 | -0.4% | 311413 | -12.3% | 24813 |
| Oman | 102,868 | 102,906 | 0.0% | 109,676 | -6.2% | 8,970 |
| Qatar | 221106 | 221126 | 0.0% | 220939 | 0.1% | 25046 |
| Saudi Arabia | 624,455 | 620,418 | 0.7% | 646,006 | -3.3% | 72,037 |
| UAE | 957,988 | 960,307 | -0.2% | 1,318,833 | -27.4% | 485,891 |
| GCC total | 2,249,342 | 2,244,961 | 0.2% | 2,674,766 | -15.9% | 626,769 |
| Iran | 335,042 | 335,042 | 0.0% | 295,466 | 13.4% | 4,800 |
| Iraq | 292,174 | 230,074 | 27.0% | 155,825 | 87.5% | 21,000 |
| Gulf total | 2,876,558 | 2,810,077 | 2.4% | 3,126,057 | -8.0% | 652,569 |
Source: MEED Projects
The Gulf projects index gives the total value of projects in the region over $50m, split by country and taken from the MEED Projects project tracking database.
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