Saudi business confidence hits high since March
The Business Confidence Index in Saudi Arabia rose in August 2026 to 56.7 points, reaching its highest level since March 2026. This reflects business optimism about stable economic growth across various sectors. The manufacturing sector increased to 55.8 points, driven by improved performance expectations and employment levels. The services sector also rose to 56.1 points, supported by optimism regarding overall performance and investment spending. Although there was a slight decline in the construction sector to 57.3 points, it remains optimistic despite decreased confidence in costs and future outlooks.
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