23
Nov
12:28
GCC contract awards exceed 15-year high
The rebound in Gulf Cooperation Council construction, transport, and oil and gas projects in 2023, with a total of $178.6 billion in contracts awarded year-to-date, has broken the full-year record of $173.5 billion in 2014, the highest amount in the past 15 years, notes Kallanish.
In the largest market, Saudi Arabia, the year-to-date value of awarded contracts has reached $82.5 billion, benefiting from a sharp increase in spending on its gigaprojects programme, as…
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Anonymous
Very good overview of the weekly steel market.
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