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Construction costs hold steady, up 0.7% y-o-y in September
Residential construction costs rose 0.8% y-o-y in August, while non-residential costs increased 0.6%
Qiddiya awards SAR 5.4 bn contract to build performing arts center
The center will feature 3k seats across three theatres
NHC, Chinese firms ink housing agreements + Al Akaria awards contracts for Riyadh developments
NHC signed a SAR 8.7 bn framework agreement with C7B
Saudi’s project awards cool in 3Q, driving regional decline
Decelerating giga-project awards, sluggish oil prices, and rising cost inflation were behind the slowdown
Diriyah Grand Mosque contract goes to Al Majal, Man Enterprise
The mosque will span a total floor area of 12.3k sqm
Gigaproject contract awards reach USD 196 bn -Knight Frank
Diriyah Gate has awarded USD 3.7 bn in contracts as of August 2025
Construction costs rise 0.7% y-o-y in August
Residential construction costs climbed 0.8% y-o-y in August, while non-residential costs increased 0.6%
Pirelli tyre plant to rise in KAEC
The plant will produce 3.5 mn tyres per annum
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