Money and business

$83 million worth of projects funded by Gulf Development in 2025

Economic affairs editor

The annual economic report for 2025 issued by the Ministry of Finance and National Economy showed that the major development projects funded by the Gulf Development Program witnessed remarkable progress, as the projects awarded reached a value of more than 83 million US dollars during the year 2025.

The most prominent of these projects is the implementation of the third phase of the roads project leading to Salman City, including the expansion of Budaiya Road from Al-Qadam Roundabout to Al-Janabiyah Road.

Contracts were also awarded to implement the intersection of Sheikh Isa bin Salman Street with the northern Sheikh Zayed Road (Bu Quwah Intersection), which connects the Bu Quwah and Salmabad areas. Accordingly, the total value of projects awarded since the launch of the program amounted to about $6.5 billion, recording an increase of 1.3% compared to the fourth quarter of 2024.

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