{"id":155806,"date":"2025-06-15T22:19:35","date_gmt":"2025-06-15T15:19:35","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gcc-government-spending-to-pass-542bn-this-year\/"},"modified":"2025-06-15T23:49:36","modified_gmt":"2025-06-15T16:49:36","slug":"gcc-government-spending-to-pass-542bn-this-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gcc-government-spending-to-pass-542bn-this-year\/","title":{"rendered":"GCC government spending to pass $542bn this year"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/06\/GCC-spending-1000x652-1.jpg?fit=1000%2C652&amp;ssl=1\" width=\"1000\" height=\"652\">&#013;<br \/>\nGCC countries expected to spend over $542bn on revenues of $487bn this year&#013;<br \/>\n&#013;<br \/>\nSource : arabianbusiness.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.arabianbusiness.com\/politics-economics\/gcc-government-spending-to-pass-542bn-this-year\" target=\"_blank\" rel=\"noopener\">GCC government spending to pass 2bn this year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; GCC countries expected to spend over $542bn on revenues of $487bn this year&#013; &#013; Source&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":155807,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-155806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/06\/GCC-spending-1000x652-1.jpg?fit=1000%2C652&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Ex0","jetpack-related-posts":[{"id":156171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gcc-tourism-spending-projected-to-hit-223-7-bn-by-2034\/","url_meta":{"origin":155806,"position":0},"title":"GCC tourism spending projected to hit $223.7 bn by 2034","date":"June 21, 2025","format":false,"excerpt":"\r GCC countries have recorded progress across multiple tourism indicators\r \r Source : arabianbusiness.com\r Read more...GCC tourism spending projected to hit 3.7 bn by 2034","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/06\/gcc-flag-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":154091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gcc-retail-sector-to-pass-390bn-by-2028-how-can-businesses-thrive-in-a-phygital-world\/","url_meta":{"origin":155806,"position":1},"title":"GCC retail sector to pass $390bn by 2028; how can businesses thrive in a \u2018phygital\u2019 world?","date":"May 22, 2025","format":false,"excerpt":"\r Retailers in the GCC need to adopt a mix of physical and digital sales to prosper in coming years\r \r Source : arabianbusiness.com\r Read more...GCC retail sector to pass 0bn by 2028; how can businesses thrive in a \u2018phygital\u2019 world?","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/05\/e-commerce-1-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":13870,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gcc-construction-sector-expected-to-recover-by-2018-meed-says\/","url_meta":{"origin":155806,"position":2},"title":"GCC construction sector expected to recover by 2018, Meed says","date":"May 21, 2016","format":false,"excerpt":"\r The GCC construction market is facing pressure from cuts in government spending, late payments, increased overseas competition, bureaucracy and staffing challenges, according to a report from Meed.Yet despite all that, the Dubai-based research house expects the sector to recover across the GCC by 2018. The recovery would be helped\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1795,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gcc-contract-awards-to-drop-by-15-in-2016\/","url_meta":{"origin":155806,"position":3},"title":"GCC contract awards to drop by 15% in 2016","date":"January 18, 2016","format":false,"excerpt":"\r \r The value of construction contracts due to be awarded this year is set to drop by 15 per cent as government spending plans in the GCC are reined in by low oil prices.According to Meed, the value of projects is set to decline to US$140 billion this year,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145939,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gulf-space-revenues-worth-10bn-says-gcc-chief\/","url_meta":{"origin":155806,"position":4},"title":"Gulf space revenues worth $10bn says GCC chief","date":"July 3, 2024","format":false,"excerpt":"\r GCC chief underlines importance of space sector at international forum in the GCC\r \r Source : arabianbusiness.com\r Read more...Gulf space revenues worth bn says GCC chief","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2024\/07\/UAE-space-sector-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":166257,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-arabia-posts-surge-in-gcc-citizen-mobility-and-market-access-in-2024\/","url_meta":{"origin":155806,"position":5},"title":"Saudi Arabia posts surge in GCC citizen mobility and market access in 2024","date":"December 1, 2025","format":false,"excerpt":"\r Saudi Arabia recorded a 5.83 per cent increase in GCC arrivals, with 8.8m entries and full stock-market access for GCC citizens, GASTAT said The post Saudi Arabia posts surge in GCC citizen mobility and market access in 2024 appeared first on Arabian Business: Latest News on the Middle East,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/12\/Riyadh-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/155806"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=155806"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/155806\/revisions"}],"predecessor-version":[{"id":155808,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/155806\/revisions\/155808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/155807"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=155806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=155806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=155806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}