Business · Economy · 11 hrs ago
Saudi construction activity grows for sixth straight month
Saudi construction activity grew for a sixth straight month in October.
The Al Rajhi Financial index fell to 52.3 from 54.4 in September, but a reading above 50 still indicates growth.
Infrastructure work led the expansion, with its index rising to 64.3, the highest since the survey began in early 2026.
About 40% of surveyed companies reported more infrastructure activity, compared with 5% that reported less.
Companies linked the workload to major civil engineering projects, including land transport and essential infrastructure.
Residential building activity increased slightly, while non-residential activity declined for the first time since the survey began in January.
Growth continued, but at its slowest pace since May, as the different building sectors recorded mixed results.
Saudi construction activity grew for a sixth consecutive month in October, according to Al Rajhi Financial.
The seasonally adjusted construction index fell to 52.3 points from 54.4 in September, but remained above the neutral 50-point mark.
Overall expansion was at its slowest pace since May.
Infrastructure work led growth, with its index rising to 64.3 points, the highest reading since the survey began in early 2026.
Residential construction activity increased, while non-residential construction declined for the first time since the survey began in January.
- Who
- Saudi construction companies participating in Al Rajhi Financial’s survey.
- What
- Construction activity grew for a sixth consecutive month, led by infrastructure work.
- When
- October; the articles were published on November 5, 2026.
- Where
- Saudi Arabia.
- Why
- Survey participants cited substantial work on major civil engineering projects, including land transport and essential infrastructure.
This story does not have two clearly opposing sides.
The current period of construction-sector growth began.
The seasonally adjusted construction index stood at 54.4 points, while the infrastructure activity index was 55.8.
Construction activity grew for a sixth consecutive month, with the overall index at 52.3 points.
The infrastructure index reached 64.3 points, and non-residential activity declined for the first time since the survey began in January.
- Overall construction index
- 52.3 points in October, down from 54.4 in September
- Neutral index level
- 50.0 points
- Infrastructure index
- 64.3 points in October, up from 55.8 in September
- Survey respondents
- About 40% reported infrastructure expansion; 5% reported a decline
- Residential construction index
- 50.4 points
- Non-residential construction index
- 48.8 points