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Saudi short-term business revenue up 11.4% in May
The record for operational revenues in short-term business in the Kingdom increased by 11.4% in May 2026 compared to the same month of the previous year, supported by growth in the mining sector by 38.7% and manufacturing by 9.6%. On a monthly basis, the index rose by 2.9% compared to April 2026, with mining activities increasing by 10.2% and manufacturing by 0.6%. Conversely, building permits issued in May declined by 33.3% year-over-year and 25.7% month-over-month, totaling 5,056 permits.
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