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Saudi construction activity accelerates in August on stronger new orders

Saudi Arabia’s construction activity accelerated in August. The seasonally adjusted Alrajhi Capital Saudi Construction Index, compiled by S&P Global, rose to 55.4, supported by a robust increase in residential building and stronger new orders.

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Saudi Arabia's construction activity accelerated in August, supported by stronger residential building and a rise in new orders, according to the latest Alrajhi capital Saudi Construction Index compiled by S&P Global. 4 in August from 5…