Saudi Arabia Logs 19.7% Decline in August Issued Building Permits

02:29 AM EDT, 10/20/2026 (MT Newswires) -- Issued building permits in Saudi Arabia slumped 19.7% annually in August, following a 4.4% climb in the previous month, according to preliminary data from the General Authority for Statistics released Tuesday. On a monthly basis, issued building permits declined 3.6%, compared with a 15.5% gain earlier.