Gulf projects 2 March 2009

02 March 2009
The MEED Projects index grew by 0.2 per cent to surpass the $3 trillion mark for the first time.

The Saudi Arabian market was the fastest growing, with the value of projects planned or under way up by 0.6 per cent. The size of Iraqi, Qatari, Kuwaiti and Bahraini project portfolios remained unchanged. The index is up by 58.7 per cent year on year.

02 March 2009 ($m)23 February 2009 ($m)% change on week03 February 2008 ($m)% change on year
Bahrain68,33768,3370.030,883121.3
Kuwait308,066308,1390.0264,60216.4
Oman108,843108,7730.154,50599.7
Qatar223,494223,4940.0177,02026.3
Saudi Arabia632,671629,1740.6451,93340.0
UAE1,306,7121,304,9420.1735,91277.6
GCC total2,648,1232,642,859

0.2

1,714,85554.4
Iran294,125293,8750.1189,02055.6
Iraq155,106155,1060.047,815224.4
Gulf total3,097,3543,091,8400.21,915,69058.7

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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