Monitor this situation.
Unsubscribe anytime.
[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 2 sources · 21 days · First seen · Last updated
Saudi Arabian construction cost trends
Overview
In July 2026, Saudi Arabia experienced a 2.3% year-on-year increase in construction costs, according to the General Authority for Statistics. This growth was observed in both the non-residential sector, which rose by 2.6%, and the residential sector, which grew by 2.2%.
Within the residential sector, the most significant increase was seen in equipment and machinery rental costs at 4.2%. Other contributing factors included energy prices (up 3.0%), basic material costs (up 1.8%), and labor costs (up 1.4%). Specifically, timber and carpentry prices rose by 3.9%.
In the non-residential sector, the 2.6% rise was primarily driven by a 5.8% increase in equipment and machinery rental costs. Labor costs rose by 1.8%, energy prices by 3.0%, and basic materials by 1.8%. Despite these annual increases, the general construction cost index remained stable on a month-to-month basis compared to June 2026.
Entities
Saudi Arabia · General Authority for Statistics · Saudi Stock Exchange (Tadawul) · Saudi institutional investors
Timeline
-
20 days ago
[BUSINESS] 2 sourcesSaudi Arabia construction costs rise 2.3% in JulySaudi Arabia's construction costs increased by 2.3% year-on-year in July 2026, with rising expenses in both residential and non-residential sectors.
-
about 1 month ago
[BUSINESS] 2 sourcesSaudi Institutions Record Net Purchases of 1.54 Billion Riyals in July 2026Saudi institutions logged net purchases of 1.54 bn riyals (≈$411 m) in July 2026, led by companies at 1.29 bn riyals. Saudi investors bought 483 m riyals, while foreign investors recorded net sales.
Sources
jehat.net · okazalyoum.com