Development & Construction

54 billion dollars in investments in building and construction projects in Riyadh

Reading time: < 1 MinuteKnight Frank, a global real estate consulting firm, revealed that since the launch of the National Transformation Plan in Saudi Arabia in 2016, project budgets and the value of construction contracts have exceeded ... Read more

Knight Frank: 38% of the Kingdom's construction contract value is concentrated in Riyadh, followed by Mecca and Tabuk.

01/09/2024

International Monetary Fund Riyadh office market

Rising Prices for Steel and Electrical Cables and Fluctuations in Lumber Prices Last June

Statistical data showed that prices for most construction materials in Saudi Arabia rose in June 2026, with increases in the prices of rebar and cables and mixed trends in lumber prices.

365,000 businesses and 4.4 million workers... Saudi construction sector continues to expand in 2025

A report by the Saudi Contractors Authority notes annual growth of 29.6%, the dominance of micro-enterprises, and Riyadh’s lead in terms of enterprises and employment.

A Look Back at «Real Estate and Construction Week» Following the Conclusion of Its Events, Which Featured 60 Participating Organizations and 3,000 Beneficiaries

The events focused on empowering small and medium-sized enterprises through investment opportunities, partnerships, financing solutions, and specialized advisory sessions.

Steel Prices - Rebar

Steel prices rise by 659 riyals per metric ton... reaching their highest level in 46 months

The average price of a metric ton of steel in Saudi Arabia jumped by 23.9% during the first half of 2026, marking its seventh consecutive monthly increase.

Civil Defense

The General Directorate of Civil Defense Explains the Types of Fire Detectors in Buildings

She emphasized the importance of early detection and minimizing losses, calling for adherence to safety guidelines and reporting emergencies via the designated numbers.

A rebound in domestic demand boosts Saudi cement sales by 10% in June

Production rose by 7.4% to 4.3 million metric tons, while cement and clinker exports fell by 31.7% due to weak foreign demand.

Construction Site Safety in Saudi Arabia

Rising construction costs continue to put pressure on the Saudi real estate market

The construction cost index in Saudi Arabia has continued to rise since March, recording an increase of 2.6% in May—the highest since January 2024.

More than 200 speakers from 85 countries are participating in the PropTech World Summit 2026

Riyadh to Host the Third Edition of the Global PropTech Summit 2026 with Broad International Participation to Discuss the Future of Smart Real Estate Technology

Construction Costs in Saudi Arabia Rose by 2.6% in May... What Are the Reasons for the Increase?

The index rose 2.6% year-over-year, driven by increases in equipment and machinery rentals, labor, energy, and materials in both the residential and nonresidential sectors

A slight increase in cement prices last May

A report by the Saudi Contractors Authority notes modest annual and monthly increases in the prices of black and white cement, with varying levels projected for 2025

Increases of up to 23.95% annually... Prices of electrical cables rise in May

A report by the Saudi Contractors Authority shows annual and monthly spikes in the prices of electrical cables of various diameters during May 2026

Modern Construction Technologies... Are They Reshaping the Real Estate Sector?

3D printing, prefabricated buildings, and smart concrete are reshaping construction methods, reducing costs, speeding up completion, and impacting the real estate market.

Contractor Training Program for Airport Projects Boosts Local Companies' Capabilities

A pre-qualification program enhances the capabilities of Saudi contractors for airport projects and improves their readiness and the quality of infrastructure through the «Muqawwal» platform.

Iron

Rise in Reinforcing Bar Prices Last May

A report by the Saudi Contractors Authority notes annual and monthly increases in rebar prices in May 2026 across various sizes.

Construction Sector Returns to Growth in May... Residential Sector Leads the Recovery Despite Cost Pressures

The residential construction sector led the way in May, posting a score of 53.8 points and regaining the top spot for the first time since last January.

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