The total value of construction projects awarded in the GCC is likely to increase by 22% in 2014 to $195.67bn, from $159.87bn in 2013, according to a new report.
Saudi Arabia is likely to be the highest spender, with $69.62bn worth of projects set to be awarded, followed by the UAE with $47.16bn, according to the report produced by Ventures Middle East on behalf of The Big 5 trade show for the building materials industry.
And there were plenty of deals struck during last month. Here, Construction Week takes a look at the biggest contracts signed in October.
10. Thyssenkrupp secures $127.4mn Saudi contract
9. Jeddah municipality reveals $266.5mn roads project
8. Renaissance awards $150mn worth of Duqm deals
7. Ashghal awards QR1.077bn healthcare contracts
6. Petrofac wins $500mn Iraq contract
5. Saudi Electricity signs $682.5mn Riyadh metro deal
4. Al Jaber Building wins $699mn ADNOC deal
3. Consortium reveals $1.5bn deal for Suez canal work
