Saudi Arabia Slashes Oil Sector Budget, Eyes Diversification
Saudi Arabia has set a strategic goal to significantly reduce its financial commitment to the oil sector, planning a $40 ...
Saturday, May 3
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Tag: Non-Oil Sector Growth
Saudi Arabia’s Non-Oil Sectors Eclipse Oil in GDP Contribution
During a recent dialogue session in Dalian, China, Saudi Arabia's Minister of Economy and Planning, Faisal Al Ibrahim, provided insights ...
Saudi Arabia’s Economic Landscape: Q1 Insights
The latest figures from the General Authority for Statistics (GASTAT) indicate a complex yet promising economic situation in Saudi Arabia ...
Saudi Arabia’s Non-Oil Sector Thrives, Signaling Economic Shift
The non-oil sector in Saudi Arabia is showing signs of robust growth, marking a significant milestone in the Kingdom's strategic ...
Saudi Arabia’s Non-Oil Sector Thrives with Strong March Performance
In March, Saudi Arabia's non-oil private sector exhibited a robust growth surge, reaching a peak in output not seen in ...
Green Finance Bolsters Middle East’s Economic Diversification
The Middle East's financial landscape is witnessing a transformative shift towards green finance, playing a pivotal role in bolstering economic ...
Saudi Arabia’s Non-Oil Sector Hits Record Economic Share
In a landmark achievement for Saudi Arabia, the nation's non-oil activities have reached an unprecedented milestone, constituting 50% of the ...
S&P Global Rating Upholds Saudi Arabia’s ‘A/A-1’ Credit Ratings
The esteemed international agency for credit assessment, S&P Global Rating, has recently reaffirmed the sovereign credit ratings for Saudi Arabia, ...
Saudi Arabia’s 2023 Economic Performance: A Mixed Outcome
The Saudi General Authority for Statistics recently published comprehensive data detailing the Kingdom's economic performance for the last quarter of ...