GCC Project Contracts Surge to $30bln In Q1
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
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Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
RIYADH: Small and medium enterprises in Saudi Arabia are set to prosper thanks to 23 new initiatives launched by the SME General Authority, also known as Monsha’at. The plans are linked to seven strategic goals embedded within programs affiliated with Vision 2030 — the economic diversification strategy which will see the Kingdom move away from its reliance on the oil trade,
The total value of GCC contracts awarded during the first three months of the year increased by 55% to hit $29.9 billion when compared to $19.3 billion last year. This was the second highest quarterly project award since the start of 2022, said a report.
The GCC project awards expanded during the first three
The total value of GCC contracts awarded during the first three months of the year increased by 55% to hit $29.9 billion when compared to $19.3 billion last year. This was the second highest quarterly project award since the start of 2022, said a report.