Saudi Arabia Logs 33.3% Fall in May Issued Building Permits

02:31 AM EDT, 07/20/2026 (MT Newswires) -- Issued building permits in Saudi Arabia plunged 33.3% annually in May, following a 28.2% jump in the previous month, according to preliminary data from the General Authority for Statistics released Monday. On a monthly basis, the short-term business indicators statistics showed a 25.7% decline in issued building permits.