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Construction index rises for fourth consecutive month in August
Costs increased this month due to regional shipment disruptions
Gulf General Ins. lines up capital restructuring
Plus: Refad is expanding at King Abdulaziz Port
Construction awards cooled in July as cost pressures held
July’s 11 contracts came in at less than half June’s yearly high, with war-linked input costs still rising
Construction cost growth slows to a four-month low, but war-sensitive lines are still rising
Equipment rentals and materials, the inputs most exposed to logistics disruptions, are still climbing even as overall cost growth eases…
Cabinet greenlights amendment to bring private developers into government housing projects
Aramco Stadium is on track for its November opening, final testing underway
Masar, Sisco, Alramz, and more deliver mixed 2Q earnings
Sisco and Saudi Re posted double- and triple-digit jumps, while Masar and Alramz saw interest expenses and zakat weigh on…
The gigaproject slowdown is real and persisting through 1H
The regional conflict is pulling tens of bns of USD toward defense, and gigaproject budgets are feeling the squeeze
Saudi Arabia retook the GCC projects crown in 2Q -Kamco
The Kingdom holds more than half of the region's USD 2.05 tn project pipeline
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