Development & Construction

International Asset, Facility and Maintenance Management Conference

Reading time: 2 MinutesThe second day of the 23rd edition of the International Conference on Asset, Facility and Maintenance Management (OMAINTEC 2026) in Riyadh witnessed an intense professional momentum, within the scientific program ... Read more

The conference emphasizes the Kingdom's leadership in digital twinning and artificial intelligence to manage assets and facilities and support the goals of Vision 2030

13/01/2026

International Asset Management Conference
Steel Prices - Rebar

Rebar and timber prices fall and electrical wires are mixed in July

GASTAT's bulletin shows varying decreases in the prices of building materials in Saudi Arabia during July 2025.

Building license via Baladi platform

A record jump in the contracting sector 33.6 billion riyals in anchor projects last month

The oil and gas sector dominates with more than 81%, with Aramco leading the way with nine projects, mostly in the Eastern Province.

Modern building materials... Can it reduce the cost of construction?

Innovative materials such as self-curing concrete, recycled bricks and aerogel reduce operation and maintenance costs.

GASTAT launches economic data platform

Saudi Arabia's construction costs stabilized last month

GASTAT: Monthly stabilization in June 2025 with an annual rise of 1.1% driven by rising energy and wages

Residential program

“Statistics”: Saudi Arabia's construction cost index rose last month

The bulletin shows an increase of 1.1% per year in June 2025 with a flat monthly, driven by rising energy prices and equipment rentals.

Residential program

“Sustainable construction”: 200% rise in sustainability assessment requests in first half

The program issued more than 6,000 reports, 38 new projects were registered, and 6 projects received evaluation certificates in the first half.

Robots are invading construction sites Are they threatening the future of the human worker?

Increased automation on construction sites increases efficiency and safety and calls for workers to be retrained for role shifts

Cement prices rise. Concrete, gypsum and sand prices fell over the past month

According to the Statistics Authority, June saw a slight rise in cement and declines in concrete, gypsum, and sand.

Steel Prices - Rebar

Steel prices fall, timber rises, electrical wires diverge

The CRA's June bulletin shows declines in most categories of rebar and slight increases in wood and cable.

Residential program

“Al Diriyah signs SAR 5.75 billion construction contract to develop Al Diriyah Arena project

A 20,000-seat, 74,000-square-meter arena with parking for more than 4,000 cars, with a design inspired by Najdi heritage.

Residential program

More than 97 thousand tons of construction and demolition waste recycled in Dammam

Within six months, the municipality requires a disposal certificate and supplies waste to a recycling plant with an operational capacity of 10,000 tons per day.

Tabuk Municipality announces an investment opportunity to operate and maintain the construction and demolition waste treatment plant in the region

A 227,668 sqm investment opportunity with a 20-year contract for the treatment of construction waste; bid opening July 29, 2025.

Contracting - Construction

Saudi Arabia's construction sector. Trillion-dollar leaps in the coming years

Expected construction contracts worth $1.6-1.8 trillion and construction output to grow to SAR 716.2 billion by 2029

8 requirements for covering balconies in buildings Full guide

The guide requires the design to be approved by the municipality and the use of materials that conform to the specifications, while authorizing any modifications to the facades.

National Housing Company

«National Housing signs agreement with Atlas Elevators to implement Al Forsan project

A one-year agreement for the supply and installation of elevators in the Al Forsan project through the contractor «Al Sabaq Al Arabi» for an unspecified value.

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