Saudi Business Confidence at 56.7 in August

The Business Confidence Index in Saudi Arabia recorded an increase to 56.7 points in August 2026, reflecting ongoing optimism across various non-oil sectors. The industrial sector's confidence reached 55.8 points, up by 1.04 points from July, driven by growing optimism regarding expected performance and employment. Similarly, the confidence in the services sector rose to 56.1 points, supported by positive expectations for performance and investment. The construction sector registered 57.3 points, with a slight decline due to reduced confidence concerning costs. Overall, the index indicates sustained optimism, supported by stable economic activity and promising growth prospects.

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