Top 20 contracts signed in 2014
CW Online takes a look at some of the biggest deals done over the past 12 months
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According to figures released by Ventures Middle East earlier this year, there were $83.5bn worth of construction projects to be delivered across the GCC in 2014 - up from $70bn last year.
And a report on the market by accountancy firm Deloitte stated the industry is now valued at $1.3tn, with $938bn of projects in the pipeline and the remainder either already tendered, in design pases or under study.
Throughout the last 12 months there have been scores of contracts signed across the GCC, covering infrastructure projects, transport, oil and gas and retal and hospitality.
Each month, CW Online has listed the top 10 deals done. Overall, February proved to be the most popular month, with five contracts signed worth more than $35bn.
However, Arabtec appeared the big winners with a $6.1bn deal inked among those five, and a huge $40bn contract agreed with the Egyptian Army in March to build one million homes.
Here we look at the top 20 contracts signed in 2014.