The country’s portfolio of projects expanded by 14.2 per cent in the week to 28 August, resulting in a 14.2 per cent rise in the MEED Projects-CMI Index.

The rest of the countries in the region experienced no change, reflecting the summer slowdown and the start of Ramadan.

The index is up by 7.1 per cent on the previous year.

Value of projects planned or under way in the Gulf 
  Value of projects planned or under way on 24 August 2009 ($m)  Value of projects planned or under way on 18 August 2009 ($m)  Change on week (%) Value of projects planned or under way on 24 August 2008 ($m)  Change on year (%)  Value of projects  on hold on 24 August 2009 ($m) 
Bahrain 60,906 60,906 0.0 46,713 30.4 5,953
Kuwait 266,994 266,994 0.0 295,249 -9.6 40,190
Oman 93,761 93,761 0.0 91,681 2.3 12,209
Qatar 212,240 212,240 0.0 211,079 0.6  8,025
Saudi Arabia 598,054 598,054 0.0 532,732 12.3  39,229
UAE 917,751 803,795 14.2 951,845 -3.6   406,756
GCC total 2,149,706 2,035,750 5.6 2,129,299 1.0 512,362
Iran 307,853 307,853 0.0 238,222 29.2  3,100
Iraq 157,885 157,885 0.0 75,026 110.4  5,250
Gulf total 2,615,444 2,501,488 4.6 2,442,547 7.1 520,712
Note: The Gulf index gives the total value of projects in the region over $50m, split by country and taken from the MEED Projects-CMI tracking database.
* Full details of all projects in the Gulf are available at http://www.meedprojects-cmi.com/
Source: MEED Projects-CMI 

For further information on MEED Projects-CMI, please email helpdesk or call +971 (0) 4 367 1302. View MEED Projects-CMI samples and other Gulf projects weekly index overviews (available to MEED.com registrants) atwww.meed.com/meed_projects.

MEED Projects-CMI, 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-CMI also provides analytical tools to enable subscribers to forecast growth within the region or specific industry and to monitor competitor activity. The full subscriber site is available atwww.meedprojects-cmi.com.