the total value of projects planned or under way in the Gulf edging up by just 0.7 per cent to $2.13 trillion.
The GCC’s smallest projects market, Oman, was the main driver behind the rise, with the sultanate recording a 7.5 per cent increase in its projects portfolio. Year on year, the overall index is up by 50 per cent.
Table: Gulf Projects ($ m)
|21 April 2008||13 April 2008||% change on week||6 April 2007||% change on year|
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