Saudi Construction Index rises to 55.4 in August, Alrajhi Capital says
Total construction activity in Saudi Arabia rose for the fourth month in a row in August, with residential developments leading. Alrajhi Capital’s seasonally adjusted Saudi Construction Index reached 55.4.
Total construction activity in Saudi Arabia rose for a fourth consecutive month, led by residential developments amid resilient demand conditions, Alrajhi Capital said in its latest survey. 4 in August, the firm said.