Infrastructure lifts Saudi construction output in October despite slower overall growth

RIYADH: Saudi infrastructure activity hit its highest level since January in October, lifting construction output for a sixth straight month despite slower overall growth, data showed. The alrajhi capital Saudi Construction Index, compiled by S&P Global Market Intelligence, fell to 52.3 in October from 54.4 in September, indicating a slower pace of expansion and its weakest growth since May, although the reading remained above the 50-point threshold separating growth from contraction. By contra

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.