All GCC countries witnessed decreases in deal volume with the exception of Qatar. The total value of projects on hold is now over $652bn and the index is down 9.3 per cent on the previous year.

Value of projects planned or under way in the Gulf

  Value of projects planned and under way on 5 April 2010 ($m) Value of projects planned and under way on 29 March 2010 ($m) % change on week Value of projects planned and under way on 5 April 2009 ($m) % change on year Value of on hold projects on 5 April 2010 ($m)
Bahrain 65,874 67,569 -2.5% 67,899 -3.0% 65,874
Kuwait 281,143 289,532 -2.9% 308,726 -8.9% 24,813
Oman 102,894 104,934 -1.9% 108,863 -5.5% 8,970
Qatar 221,613 221,398 0.1% 221,289 0.1% 25,211
Saudi Arabia 621,169 622,624 -0.2% 644,953 -3.7% 72,037
UAE 965,086 966,764 -0.2% 1,307,945 -26.2% 480,195
GCC total 2,257,779 2,272,821 -0.7% 2,659,675 -15.1% 626,769
Iran 335,442 335,442 0.0% 295,466 13.5% 4,800
Iraq 229,074 229,074 0.0% 156,325 46.5% 21,000
Gulf total 2,822,295 2,835,201 -0.5% 3,111,466 -9.3% 652,569