Tag: Construction costs

Construction & Real Estate

Construction costs climb worldwide; Saudi Arabia leads regional rise at 4pc

Construction costs globally are set to increase by 2.4% in 2026, but growing uncertainty due to the phasing and procurement, is the real challenge to project delivery, said an industry expert. In the Middle East, the costs will rise by 4% in Saudi Arabia driven by reliance on imported and specialist materials and 3% in the UAE....

Construction & Real Estate

Saudi construction costs rise 1% in November

The Construction Cost Index in Saudi Arabia rose 1% in November 2025 compared with the same month last year, driven by a 1% increase in both residential and non-residential construction costs, according to data released by the General Authority for Statistics (GASTAT)....