Iraq tops Middle East project growth with $15B increase - Dinar Detectives - Iraqi Dinar Recaps from Dinar Guru and Intel
Iraq recorded the strongest growth in the Middle East’s development and infrastructure projects market between June 19 and July 17, 2026, adding $15 billion in planned and ongoing projects,MEEDProjects Index. . .
Iraq recorded the strongest growth in the Middle East’s development and infrastructure projects market between June 19 and July 17, 2026, adding $15 billion in planned and ongoing projects,MEEDProjects Index showed on Wednesday. The increase brought the total value of Iraq’s planned and active projects to $444 billion, up 3. 4% and placing the country ahead of all other regional markets, while the Gulf’s total projects market expanded to $4. 41 trillion as the index grew for the 16th consecutive month, adding $22 billion to reach a regional total of $5. 1 trillion. Oman ranked second after adding $7 billion to its projects market, bringing its total to $367 billion, up 2%. The UAE’s projects market grew by $4 billion to $1. 36 trillion, Qatar’s project value rose 0. 6% to $242 billion, while Bahrain’s market remained at $55 billion, slipping 0. 4%. Across the Middle East and North Africa, signed contract awards reached $20. 5 billion in June, up from $17 billion in May, supported by renewed activity following the reopening of the Strait of Hormuz and the resumption of maritime shipping. Saudi Arabia led the region with $9. 9 billion in awarded contracts, followed by the UAE with $6. 4 billion and Kuwait with $1. 4 billion. In thepreviousMEED data, covering the period between May 15 and June 19, Iraq also recorded the region’s largest increase in project value. SourcePost navigation