Gulf Projects 28 April 2008

04 May 2008
Modest growth across the Gulf resulted in the MEED Projects index rising by 1.5 per cent to $2.16 trillion in the week ending 28 April.

With the exception of Qatar and Bahrain, all of the Gulf states registered an increase in the value of projects planned or under way, with Saudi Arabia recording the highest growth at 1.7 per cent.

The UAE remains the dominant projects market in the Gulf, accounting for 60 per cent of the region's total.

Table: Gulf Projects ($m)

28 April 200821 April 2008% change on week27 April 2007% change on year
Bahrain33,50733,5070.032,1454.2
Kuwait269,574269,4100.1236,56014.0
Oman269,574269,4100.1236,56014.0
Qatar194,578195,405-0.4134,96044.2
Saudi Arabia468,138460,3281.7325,76143.7
UAE853,995849,5590.5533,08760.2
GCC total1,903,9361,872,2531.71,303,85446.0
Iran205,285204,9700.2109,47087.5
Iraq51,98051,8000.328,58281.9
Gulf total2,161,2012,129,0231.51,441,90649.9

For further information visit meedprojects.com. 1441906

MEED Projects, tracking $1.7trillion 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.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.