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s a market that is already susceptible to volatility as a result of fluctuating oil prices, the Middle East has been dealt a double blow by the impact of COVID itself, coupled with the impact that COVID is having on the oil market.

-7.3%
ECONOMIC GROWTH 2020
US$1.45tn
PROJECTS PLANNED ACROSS THE GCC STATES IN 2020
Value of GCC contract awards, 2019

($m)

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