RIYADH: Saudi Arabia’s construction index climbed to 56.3 in June, its highest reading on record, as new project starts and stronger demand boosted activity, a new report showed. Compiled by S&P Global, the alrajhi capital Saudi Construction Index rose from 51.2 in May, marking the strongest growth since the survey began in January and extending expansion for a second consecutive month. The index, where a reading above 50 signals expanding activity and one below indicates contraction, pointed to the strongest pace of growth since the metric was introduced.

RIYADH: Saudi Arabia’s non-oil private sector expanded at a four-month high in June, with the Purchasing Managers’ Index rising to 53.3 from 52.8, driven by stronger domestic…

Ongoing regional logistics challenges and intensified foreign competition had affected international sales

RIYADH: The Saudi Contractors Authority has issued its “Contracting Sector Outlook – June 2026” report via the SCAVO platform, highlighting key indicators for projects awarded in…

RIYADH: Saudi Arabia’s construction index climbed to 56.3 in June, its highest reading on record, as new project starts and stronger demand boosted activity, a new report showed.…