Saudi Arabia and Oman lost 1.7 per cent and 1.6 per cent of the value of their portfolio of projects planned or under way respectively.

Only Qatar experienced an increase in the value of its projects, which rose by 0.5 per cent. The index is up by 65.5 per cent on the previous year.

19 Jan 2009 ($m)

12 Jan 2009 ($m) % change on week 19 Jan 2008 ($m) % change on year
Bahrain 64,297 64,317 0.0 27,821 131.1
Kuwait 306,002 306,382 -0.1 274,597 11.4
Oman 102,742 104,387 -1.6 51,023 101.4
Qatar 220,273 219,243 0.5 158,347 39.1
Saudi Arabia 609,849 620,420 -1.7 400,952 52.1
UAE 1,231,724 1231,376 0.0 714,940 72.3
GCC total 2,534,887 2,546,125 -0.4 1,627,680 55.7
Iran 286,355 286,355 0.0 142,800 100.5
Iraq 140,606 140,606 0.0 33,450 320.3
Gulf total 2,961,848 2,973,086 -0.4 1,803,930 64.2

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