RIYADH: Saudi Arabia’s construction costs rose 2.3 percent year on year in July, driven by higher equipment and machinery rental charges across residential and non-residential projects, official data showed. The Construction Cost Index, published by the General Authority for Statistics, showed residential costs increasing 2.2 percent annually, while non-residential costs rose 2.6 percent. The overall annual growth eased from 2.7 percent in June but remained above the 0.7 percent recorded in July 2025.

Saudi Arabia's Operating Revenues Index increased 6.1 percent year-on-year in June 2026, while the number of issued building permits jumped 20.3 percent, according to preliminary…

RIYADH: Saudi Arabia’s construction costs rose 2.3 percent year on year in July, driven by higher equipment and machinery rental charges across residential and non-residential…