Kuwait and Iran both witnessed large increases in deal volume. The total value of projects on hold is now nearly $637bn and the index is down 8.5 per cent on the previous year.

  Value of projects planned and under way on 22 March 2010 ($m) Value of projects planned and under way on 15 March 2010 ($m) % change on week Value of projects planned and under way on 22 March 2009 ($m) % change on year Value of on hold projects on 8 March 2010 ($m)
Bahrain 67,682 68,651 -1.4% 68,049 -0.5% 13,213
Kuwait 289,482 268,842 7.7% 308,747 -6.2% 45,093
Oman 105,214 106,064 -0.8% 108,943 -3.4% 6,770
Qatar 223,398 219,601 1.7% 222,619 0.3% 20,937
Saudi Arabia 641,149 643,788 -0.4% 645,521 -0.7% 55,369
UAE 966,764 956,716 1.1% 1,308,203 -26.1% 469,781
GCC total 2,293,689 2,263,662 1.3% 2,662,082 -13.8% 611,163
Iran 335,392 318,542 5.3% 304,436 10.2% 4,800
Iraq 228,076 228,076 0.0% 156,695 45.6% 21,000
Gulf total 2,857,157 2,810,280 1.7% 3,123,213 -8.5% 636,963
Source: MEED Projects