Investments in Gulf joint projects valued at $30 billion

Published February 5th, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The Doha-based Gulf Organization for Industrial Consulting reported that existing joint Gulf investment projects grew noticeably in terms of invested capital, reported Al-Hayat . The organization estimated total capital invested in the joint projects at $30 billion in the Arabian Gulf by the end of last year. Out of the 405 projects, 124 projects are based in the United Arab Emirates (UAE) and 108 are based in Saudi Arabia. — (menareport.com) 

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