Saudi Arabia’s construction activity expands for 5th month in September

RIYADH: Saudi Arabia’s construction activity expanded for a fifth consecutive month in September, supported by resilient demand and ongoing projects, although the pace of growth eased from August. The seasonally adjusted alrajhi capital Saudi Construction Index, compiled by S&P Global, fell to 54.4 from 55.4 in August but remained above the 50 mark separating expansion from contraction. The latest reading...