Tag: saudi arabia economy

Saudi Arabia’s annual inflation held steady at 2.2 percent in May, according to the General Authority for Statistics. This rate ...

Saudi Arabia has revised its first-quarter economic growth figures upward, with a notable boost from non-oil sectors. The latest data ...

Oil prices have dropped recently due to concerns over a potential US-China trade war and OPEC+’s unexpected decision to boost ...

Bloomberg is recognized for delivering swift, reliable business and financial news to leaders worldwide. The company provides a range of ...

Saudi Arabia is actively working to reduce its reliance on oil by advancing its Vision 2030 strategy, which aims to ...

Investment Milestone Saudi Arabia is making significant strides in its economic goals, surpassing expectations for investment in its primary economy. ...

In Saudi Arabia, education spending soared by 91.5% to SR220.76 million ($58.8 million) as students returned to school following the ...

Saudi Arabia is seeing a surge in Chinese exports and investments, especially in green technology, marking a shift from a ...

Saudi Arabia's inflation rate edged up to 1.6% in August from 1.5% in July, driven by rising housing rents and ...

Saudi Arabia Sees Investment Boom in Construction; Egypt Leads in Licenses Saudi Arabia's construction permits dominated investment licenses in Q2 ...

Saudi Arabia, the world's largest crude oil exporter, benefits from remarkably low production costs, around $10 per barrel. This is ...

The International Monetary Fund (IMF) recently concluded its 2023 Article IV consultations with Saudi Arabia, highlighting significant progress in the ...

The Gulf Cooperation Council (GCC) region is poised for an economic resurgence, with forecasts indicating a growth of 2.8 percent ...

The International Monetary Fund (IMF) has recently updated its forecast for Saudi Arabia's economic growth, now anticipating a robust 6 ...

The non-oil sector in Saudi Arabia is showing signs of robust growth, marking a significant milestone in the Kingdom's strategic ...

March witnessed the continuation of expansion within the non-oil private sectors of Saudi Arabia and the UAE, despite a slight ...

In March, Saudi Arabia's non-oil private sector exhibited a robust growth surge, reaching a peak in output not seen in ...

The economic landscape of Saudi Arabia is undergoing a significant transformation, presenting a complex mix of opportunities and challenges for ...

As Saudi Arabia embarks on its ambitious economic transformation plan dubbed 'Saudi Vision 2030', it has become clear that oil ...

In a landmark achievement for Saudi Arabia, the nation's non-oil activities have reached an unprecedented milestone, constituting 50% of the ...

Saudi Arabia is undergoing substantial economic changes, propelled by rising oil prices, determined diversification plans, and the pioneering Vision 2030 ...

Saudi Arabia is experiencing a surge in mergers and acquisitions (M&A) activity as the country's economic reforms gain momentum. The ...