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FINANCIAL NEWS
USD286b to be invested in GCC construction projects by 2016
03 Apr 2012
(MENAFN) MEED Projects said that between 2012 and 2016, around USD286 billion worth of projects would be awarded in the GCC countries, reported Arab News.
The company added that more than USD119 billion worth of construction projects would be awarded in Saudi before 2016, followed by the UAE with USD75 billion and Qatar with USD26 billion.
On the other hand, it said that over USD30 billion worth of projects would be awarded in Oman, more than USD25 billion in Kuwait and USD10 billion in Bahrain.
It is worth noting that by the end of the current year, more than USD35 billion is expected to be invested in the Iraqi real estate and transport infrastructure sector.
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BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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