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Saudi Arabia's Non-Oil Private Sector Records Fastest Growth
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 sector sees decade-high growth
Saudi Arabia's non-oil business sector expanded at its fastest pace in over a decade in January. The Riyadh bank Saudi Arabia purchasing managers' index rose to 60.5 from 58.4 in December, marking the highest level since September 2014.
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 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 non-oil business activity records strongest growth since 2014
Saudi Arabia's non-oil private sector economy in January recorded the strongest expansion in more than a decade, buoyed by a surge in new orders, as the kingdom continues to diversify its economy away from hydrocarbons.
UAE non-oil business sector expands robustly in January, PMI shows
The UAE's non-oil private sector continued to expand robustly at the start of 2025, although capacity pressures and competitive challenges posed headwinds, a survey showed on Wednesday.
Al-Monitor
22h
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.
11d
on MSN
'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 ...
Arutz Sheva
21m
Ahmed al-Sharaa’s Visit to Saudi Arabia and Turkey
Syria's new leader has much to gain from recognition by the two Mid-East powers, but they have just as much to gain from his ...
Saudi Gazette on MSN
2d
Non-oil activities account for 52% of Saudi Arabia’s GDP in 2024, says finance minister
RIYADH — Finance Minister Mohammed Al-Jadaan stated that non-oil activities accounted for 52% of Saudi Arabia’s real GDP in ...
2d
on MSN
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 ...
12h
MBS torn between Trump and Saudi people on potential Israel deal
Saudi's Crown Prince Mohammed bin Salman has demanded for an independent Palestinian state as part of any normalisation ...
The Associated Press on MSN
12d
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 ...
The Art Newspaper
21h
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 ...
Skift
6d
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 ...
Business Wire
12d
Saudi Arabia to Host Regular World Economic Forum Global Meeting
DAVOS, Switzerland--(BUSINESS WIRE)--The Kingdom of
Saudi
Arabia
will host a regular high-level World
Economic
Forum (WEF) global meeting in Riyadh, with the first slated for the Spring of 2026 ...
23h
on MSN
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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