In what was otherwise a quiet week, due to the onset of the holiday season, Bahrain registered the highest growth with the value of its project portfolio rising by 2.7 per cent.

Year on year, the overall MEED Projects index is up by 42 per cent.

Table: Gulf Projects ($m)

21 July 2008 14 July 2008 % change on week 20 July 2007 % change on year
Bahrain 39,635 38,603 2.7 32,460 22.1
Kuwait 266,905 266,284 0.2 250,492 6.6
Oman 92,509 91,200 1.4 45,256 104.4
Qatar 214,617 211,032 1.7 138,156 55.3
Saudi Arabia 492,380 491,604 0.2 363,059 35.6
UAE 904,281 900,077 0.5 657,992 37.4
GCC total 2,010,327 1,998,800 0.6 1,487,415 35.2
Iran 232,639 229,489 1.4 111,250 109.1
Iraq 70,776 70,776 0.0 28,582 147.6
Gulf total 2,313,742 2,299,065 0.6 1,627,247 42.2

For further information visit www.meedprojects.com.

MEED Projects, tracking $2 trillion worth of projects, is a subscriber-only service that provides comprehensive, up-to-date and accurate project information. Monitor industry and business development opportunities through market data tailored to your needs.

Be the first to know about new projects; we provide the data so you can win the business.

Subscribe to MEED Projects and benefit from:

Immediate information on current and future business opportunities

Contact details for all the key decision makers

Market data that you can search and tailor to track future activity

Comprehensive, up-to-date and accurate project information

The ability to monitor industry and business development opportunities

Account Managers to ensure you get the most from MEED Projects

If you would like to see a demo of MEED Projects, or just want to find out more, register your details here – http://www.meedprojects.com/helpcentre.aspx – or call +971 (0)4 367 1302.