Tag: inflation

Construction & Real Estate

Saudi retail, F&B market resilient as consumer spending hits $113bn

Saudi retail and food and beverage market maintained strong momentum in H1 supported by resilient consumer spending - which hit SAR425 billion ($113 billion) - as well as low inflation and expansion of the non-oil economy, according to Knight Frank....

Construction & Real Estate

FOCUS: Cost pressures in the Gulf - why supporting construction professionals is critical

Across the Gulf’s glittering skylines, where cranes signal progress and megaprojects reshape the horizon, a more subdued story is taking shape beneath the surface. Rising inflation, supply chain disruptions and broader global uncertainty are steadily driving up living costs, placing increasing pressure on construction professionals, writes Matt Doran, Senior Regional Manager MENA, Chartered Institute of Building....