Saudi Arabia’s business confidence rises to 56.6 points in June 2026 on gains in construction, industry

Summary:

Business confidence in Saudi Arabia improved in June 2026, with the Business Confidence Index (BCI) rising to 56.6 points, up from 55.6 in May. This reflects increased optimism in non-oil sectors, particularly in industrial (55 points) and services (55.5 points) sectors. The construction sector saw the most significant gain, reaching 57.8 points. The index indicates continued positive sentiment among businesses, supporting Saudi Arabia's economic diversification goals under Vision 2030. The BCI measures business expectations and current conditions, with readings above 50 signaling optimism.