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Saudi Arabia’s May construction awards hit 2026 high at $8bn
RIYADH: Saudi Arabia awarded its highest-value construction contracts of 2026 in May, with 18 projects totalling more than SR30.03 billion ($7.99 billion) across the Kingdom. The figures come from Saudi Contractors Authority’s monthly sector report, which tracks projects listed on the SCAVO platform and is designed to help contractors identify investment opportunities and plan their businesses. The data lands against a backdrop of improving sector sentiment.
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Saudi Arabia’s May construction awards hit 2026 high at $8bn
RIYADH: Saudi Arabia awarded its highest-value construction contracts of 2026 in May, with 18 projects totalling more than SR30.03 billion ($7.99 billion) across the Kingdom. The…