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Saudi Arabia's Construction Activity Picks Up in August

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The Saudi Arabian construction sector posted an improvement in activity in August for the fourth consecutive month, amid "resilient" demand and an ongoing rebound in new orders, alrajhi capital and S&P Global said Monday.

The headline seasonally adjusted alrajhi capital Saudi Construction Index edged higher to 55.4 in August from the previous month's 55.2.

The reading marked the second-highest level since the survey began in January, with solid output growth across the three monitored categories.

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