Saudi Arabia's non-oil private sector grows at decade-high pace in Jan, PMI shows
Saudi Arabia's non-oil business sector expanded at its strongest pace in just over a decade in January, driven by a surge in new orders and robust business activity, a survey showed on Tuesday. The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers' Index (PMI) rose to 60.
Saudi Arabia Non-Oil Private Sector Growth Strongest Over A Decade
Saudi Arabia's non-oil private sector expanded at the quickest pace in over a decade in January, led by a substantial increase in new
Saudi non-oil private sector grows at fastest pace since 2014
The Saudi non-oil private sector recorded growth at its fastest pace in more than a decade, driven by a rise in new orders and strong business activity during the last month of January.This accelerated growth was led by the Purchasing Managers’ Index (PMI) showing that new orders rose at the fastest pace since June 2011,
Saudi Arabia’s GDP grows 1.3% in 2024, fueled by non-oil sectors
Saudi Arabia’s real gross domestic product increased 1.3% in 2024, preliminary government data released on Thursday showed. The growth marks a return to economic expansion after the previous year and was primarily driven by non-oil sector activities,
Saudi Arabia says GDP grew 1.3% in 2024, lifted by non oil sector
Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous year, preliminary government data released on Thursday showed, with non-oil sector activities lifting overall GDP.
Saudi Arabia reiterates support for Palestinian state, seemingly rejecting Trump's Gaza proposal
Saudi Arabia on Tuesday reiterated that it will not establish diplomatic relations with Israel without the creation of an ...
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Saudi Arabia navigates oil cuts amid Trump pressure, economic strains
Saudi Arabia would need oil to be at $90 per barrel in 2025 to balance its budget, according to Capital Economics.
Exclusive: Saudi Arabia, UAE seen as possible venues for Trump-Putin summit, two Russian sources say
Saudi Arabia and the United Arab Emirates are seen by Russia as possible venues for a summit between U.S. President Donald ...
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Sotheby’s to test Saudi Arabia's art market with eclectic auction
An important milestone for Saudi Arabia’s art scene takes place this month as Sotheby’s holds the country’s first major ...
'A fantastic guy:' Trump again welcomes Saudi Arabia's leader. Is that a problem?
Trump has had a close relationship with the crown prince, Mohammed Bin Salman, even as his real estate company does major ...
The Associated Press on MSN11d
Saudi crown prince says kingdom intends to invest $600 billion in US during call with Trump
The comments from Crown Prince Mohammed bin Salman came after President Donald Trump mused about returning to the kingdom as ...
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Bangladesh's heavy Saudi dependence in manpower export continues as other markets shrink
Saudi Arabia recruited 76,618 of these workers, further cementing its position as the dominant destination for Bangladesh's manpower export. Qatar (6,880), Singapore (4,847), and Kuwait (2,878) ...
Skift5d
Saudi Allows Foreign Investment in Holy Cities - What it Means For Tourism
Saudi has opened up foreign investment into real estate firms in its holy cities this week, a move that will support ...
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Saudi Arabia’s insurance sector surges amid vision 2030 reforms, recording double-digit growth
Saudi Arabia's insurance industry is at the forefront of the Kingdom's economic transformation, aligning with Vision 2030's ...
Saudi Arabia set to dominate Middle East! Expands military strength by..., who is on crown prince MBS target?
Reportedly, Saudi Arabia's military spending has been growing at an average rate of 4.5 per cent since 1960. In 2024, the ...