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MEED Report: GCC Projects Market Performance H1 - August 2024
As of June 30, there were some $115bn worth of contracts awarded in the GCC in the first six months of the year.
More than 20 major contracts awarded worth more than $1bn each awarded in 2024 year to date
International EPC contractors continue to dominate but there are 5 regional companies in the top 20
There are multiple multi-billion-dollar contracts in tender due to be awarded in the second half of the year
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MEED is the world’s leading source of Middle East business intelligence. Established in 1957, MEED has been integral to delivering business information and news, intelligence and analysis on the Middle East economies and activities ever since.
To find more free resources within the construction industry, download our webinar presentation on Economic challenges and opportunities in the GCC – The current market and near-term developments 2024.