{"id":9175,"date":"2024-04-29T15:12:46","date_gmt":"2024-04-29T15:12:46","guid":{"rendered":"https:\/\/thegulfpress.com\/gcc-project-awards-jump-20-to-45bn-in-2024-first-quarter\/"},"modified":"2024-04-29T15:12:46","modified_gmt":"2024-04-29T15:12:46","slug":"gcc-project-awards-jump-20-to-45bn-in-2024-first-quarter","status":"publish","type":"post","link":"https:\/\/thegulfpress.com\/en\/gcc-project-awards-jump-20-to-45bn-in-2024-first-quarter\/","title":{"rendered":"GCC project awards jump 20% to $45bn in 2024 first quarter"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"__content__\">\n<p><b>Muscat:<\/b> Defying regional and global geopolitical challenges, GCC project awards increased by 20.3 percent year-on-year during the first quarter (Q1) of 2024 to reach $45 billion as compared to $37.4 billion during Q1-2023, according to a new report.<\/p>\n<p>\u201cThe trend also defies oil production cutbacks which have all weighed on economic growth in the region as seen from IMF\u2019s latest forecast that slashed GCC economic growth forecast for 2024 to 2.4 percent from its previous forecast of 3.7 percent,\u201d the Kuwait-based Kamco Invest said in its&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofoman.com\/article\/144957-gcc-project-awards-jump-20-to-45bn-in-2024-first-quarter\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Muscat: Defying regional and global geopolitical challenges, GCC project awards increased by 20.3 percent year-on-year during the first quarter (Q1) of 2024 to reach $45 billion as compared to $37.4&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,1835],"tags":[],"class_list":["post-9175","post","type-post","status-publish","format-standard","hentry","category-gcc-en","category-gcc-ar"],"_links":{"self":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts\/9175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/comments?post=9175"}],"version-history":[{"count":0,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts\/9175\/revisions"}],"wp:attachment":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/media?parent=9175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/categories?post=9175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/tags?post=9175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}