11 Hrs
Source:
الاقتصادية
Saudi Revenues and Permits Rise in July
Operational revenues in Saudi Arabia increased by 4.9% in July 2026 compared to the same period last year, and improved by 1.2% on a monthly basis. This growth was supported by a 13.5% rise in manufacturing activity and a 6.4% increase in the mining and quarrying sector. Employee compensation also saw a year-over-year increase of 7.4%, with notable boosts in salaries within the manufacturing industry (10.3%) and transportation and storage (9.9%). Regarding construction, the number of building permits issued in July rose by 4.4% annually and 15.5% monthly, reflecting the expanding economic activity in the Kingdom.
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