Saudi ‘feeding frenzy is over’ for architects

Saudi ‘Feeding Frenzy is Over’ for Architects

The AJ examines the effects of the slowdown in Saudi Arabia’s previously unstoppable and cash-hungry development pipeline.

Rapid Expansion and Recent Slowdown

Only 18 months ago, The AJ asked: “Should you work in Saudi Arabia?” At that time, most major UK firms were either opening offices in the kingdom or deeply involved in masterplanning huge projects. Few firms reported avoiding commissions there.

Last month, Chancellor Rachel Reeves visited Riyadh to promote UK business interests, continuing the efforts of previous Conservative governments to strengthen economic ties with Saudi Arabia.

Factors Behind the Slowdown

However, lower oil prices and rapid overspending on mega projects have led to delays and scaling back of some large developments, including parts of the Neom project.

Projects are being reassessed financially and strategically, with adjusted timelines and some reductions in scope.

Industry Reaction

The Financial Times recently declared “The Glory Days are Over” for consultant hires in Saudi Arabia, attributing this to stalled mega project progress.

The AJ has confirmed reports of slower activity and more cautious approaches to future developments.

Summary

Saudi Arabia’s ambitious construction boom is facing a significant slowdown due to economic shifts, impacting firms and projects worldwide.

Author’s Note

This marks a turning point from rapid growth to strategic recalibration in Saudi Arabia’s architectural and development sectors.

The Architects’ Journal — 2025-11-04