Construction & Real Estate

Construction costs still at risk of rising despite Middle East truce

The US-Iran pact has begun to ease concerns around oil supply and shipping routes through the Hormuz. However, a return to normal will take time, and uncertainty remains over where oil will settle and how markets will respond. For the construction industry, the implications go far beyond fuel costs, said an expert. ...

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

Construction costs set to rise this year in Saudi Arabia and UAE: report

Construction costs are expected to rise in the Middle East this year, increasing by around 4% in Saudi Arabia and 3% in the UAE. Across key sectors, demand remains strong, but delivery conditions are becoming more complex, says a new report....

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)....