MIDDLE EAST Ӏ REGIONAL REPORT
CONSTRUCTION OUTLOOK
Cranes Today provides a snapshot of the construction industry in the Middle East by looking at four key markets: Saudia Arabia, Quatar, UAE, and Egypt.
The construction industry in the Middle East and North Africa (MENA) region is expected to see significant growth in the coming years. This growth is anticipated to be driven by investments in transportation, energy, and other commercial projects, along with budgetary allocations. Infrastructure output in the Middle East is expected to increase, supported by showcase projects such as the Saudi Arabia FIFA World Cup in 2034. The industrial sector has also benefitted from economic diversification and the Middle East has now become a destination for a number of ambitious hydrogen projects. To gain greater insight into
construction in the region we take a closer look at the following four key markets: Saudia Arabia, Quatar, UAE, and Egypt.
SAUDI ARABIA Saudi Arabia’s construction sector is on a solid growth path with data analytics company Global Data forecasting real growth at 4.4% in 2025. This is underpinned by investments in transport, energy, real estate, tourism, and digital infrastructure.
The Kingdom's commitment to Vision 2030, and its ambition to host the FIFA World Cup
12 CRANES TODAY
2034, are key catalysts prompting accelerated spending across various construction segments. When it comes to government budget and sectoral spending, in November 2024 Saudi Arabia approved a SAR1.3 trillion ($342.7 billion) budget for 2025. This was up 2.6% from 2024’s figure. Key allocations include
SAR260 billion ($69.3 billion) for healthcare and social development; SAR201 billion ($53.6 billion) for education; and SAR42 billion ($11.2 billion) for infrastructure and transportation. This strong fiscal position
enables the public sector to fund key projects, while private sector participation continues to expand, especially in the real estate sector, which saw a 13.3% growth in bank loans in 2024.
In early 2025 the Saudi
Contractors’ Authority reported SAR6.5 billion ($1.7 billion) in contracts awarded in January alone, with plans for over 25 new contracts in infrastructure, housing, and industrial segments. The total 2024 contract value reached SAR268.1 billion ($71.5 billion) – the highest post-Covid figure.
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