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Commercial

Middle East Construction Megaprojects 2026: $1.3 Trillion in the Gulf Pipeline

Middle East construction megaprojects in 2026: Gulf giga-project scale in dollars and workforce, NEOM, Saudi Vision 2030, and what US contractors should know.

Lisa Chen · 2026-08-07

Key Metrics

Commercial spending

$134.2B

annual rate
+5.1%Feb 2026

Total private nonresidential construction spending. Data centers and healthcare driving growth.

Office vacancy

19.8%

+0.3%Q1 2026

Warehouse starts

142M sqft

-8%2025

Data center invest

$28.5B

+34%2025

Commercial Spending Trend ($B, monthly)

All Commercial coverage81 articles