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Saudi Arabia's August revenue rises 3%
Economic indicators in Saudi Arabia rose during August 2026, with the overall operational revenue index increasing by 3% year-on-year. This growth is attributed to the expansion of the manufacturing sector by 7.7%, commerce by 2.2%, and construction by 3.2%. Additionally, the information, communications, and financial activities sectors grew by 5.8% and 10.8%, respectively. On a monthly basis, however, revenues declined by 1.1%, due to a downturn in manufacturing, financial, communications, and professional services activities. The Employee Compensation Index also saw an annual increase of 6.3%, driven by growth in the manufacturing, construction, mining, and services sectors. Conversely, the issuance of building permits dropped by 19.7% compared to the previous year and by 3.6% compared to last July.
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