Global Research EMEA Economic Perspectives Saudi and UAE projects tracker: July 2026 Saudi Arabia July saw a sharp slowdown in new project awards, falling to $1.8bn from $12.2bn in June, though this was followed by a rebound in early August, with over $5bn awarded. Total project awards reached $47.4bn by end-July, c.27% below the level recorded over the same period in 2025 despite a strong recovery in project awards during Q2. Most project awards in 2026 ytd were concentrated in construction ($20.3bn), foll ...