Gulf Cooperation Council contract awards surge by 88% in 2023
Contractors from the Gulf Cooperation Council (GCC) countries have secured a record-breaking 205 billion dollars (Rs 1,69,89,04,70,00,000) in contract awards in 2023. The 2023 saw an 88 percent increase of projects awarded compared to 2022, with 109 billion dollars (Rs 90,32,95,53,50,000), MEED reported. The GCC countries’ strong growth in project value indicates their determination to … Read more