The future of the Saudi heavy construction equipment market appears promising, driven by ongoing government initiatives and urbanisation trends. Under its Vision 2030 initiative, the kingdom aims to invest over $500 billion in mega housing and urban development projects, thus driving demand for advanced machinery, said a report.
Ritchie Bros. Dubai will host its first auction of the year next week, offering more than 1,900 items - including many unused machines - for sale. The public, unreserved auction, where every lot sells to the highest bidder, marks the start of the 2026 auction calendar.
