Saudi Arabia’s GDP Sees Expansion in Q1 Amid Economic Diversification
The Kingdom of Saudi Arabia's real gross domestic product (GDP) witnessed an uplift of 1.4 percent in the opening quarter ...
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Tag: non-oil sector
Saudi Arabia’s Non-Oil Sector Thrives with Strong Demand
Responding to heightened demand, Saudi Arabia's non-oil private sector saw significant purchasing acceleration in April, indicating robust economic activity.In the ...
Stable Growth in Saudi Non-Oil Sector Despite Slower Orders
On a bustling street in Riyadh, the capital of Saudi Arabia, the flow of vehicles on February 16, 2021, hinted ...
Saudi Arabia’s Non-Oil Business Sector Holds Steady in April
In April, Saudi Arabia's non-oil business sector continued to show resilience, maintaining a consistent pace of growth. This performance was ...
Saudi Arabia’s Non-Oil Sector Maintains Growth in April
In April, the non-oil business sector in Saudi Arabia displayed a consistent pace of growth, in spite of a deceleration ...
Saudi Arabia’s Non-Oil Sector Thrives in April
Saudi Arabia's non-oil private sector showcased continued growth in April, propelled by robust demand within the domestic markets, as a ...
Saudi Arabia’s Economic Forecast Adjusted by World Bank
The World Bank has updated its projections for the growth of the Saudi economy, now anticipating an increase of 5.9% ...
Saudi Economy’s Upward Trajectory: World Bank Forecasts
The World Bank has updated its economic forecasts for the Kingdom of Saudi Arabia, predicting a more robust growth than ...
Vigorous Expansion in Middle East’s Non-Oil Business Sector
March witnessed the continuation of expansion within the non-oil private sectors of Saudi Arabia and the UAE, despite a slight ...
Saudi Non-Oil Sector Thrives with Strong March Performance
March witnessed a robust expansion in Saudi Arabia's non-oil business activities, with the sector's output hitting a six-month peak. This ...
Saudi Arabia’s Non-Oil Sector Thrives on Strong Demand
Expansion in Saudi Arabia's non-oil private sector was driven by robust demand and the acquisition of new clients, resulting in ...
Saudi Arabia’s Non-Oil Sector Hits Milestone in Economic Shift
In a significant move towards reducing its reliance on oil, Saudi Arabia has reached a pivotal point as its non-oil ...
Saudi Arabia’s Investment Surge Under Vision 2030
The Kingdom of Saudi Arabia is surpassing expectations in its efforts to draw investments, as reported by the Kingdom’s Investment ...
Strategic Investments Flow into the Middle East
Rajiv Jain, the founder of the Florida-based asset management company GQG, has strategically pivoted his investment portfolio towards the Middle ...
Rapid Expansion in Saudi Non-Oil Sector Marks a Robust December
The non-oil segment of Saudi Arabia's economy displayed its most rapid pace of sales growth since July of the previous ...
Saudi Arabia’s Robust Non-Oil Sector Fuels Positive Economic Forecast
Anticipations for Saudi Arabia's economy remain upbeat for the coming year, driven by a surge in consumer spending and robust ...
Saudi Arabia’s Economy Surpasses $1 Trillion Milestone
The Kingdom of Saudi Arabia has achieved a historic economic milestone, with its gross domestic product (GDP) exceeding the $1 ...
Saudi Arabia’s Non-Oil Sector Grows, GDP Declines
Saudi Arabia's non-oil activities increased by 3.5 percent in the third quarter of 2023, compared to the same period of ...
Growth in Non-Oil Business Activity in Saudi Arabia Accelerates
Growth in non-oil business activity in Saudi Arabia accelerated for a second consecutive month in October, according to a survey. ...