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Banks’ net income grew 18% y-o-y in 2Q 2025 -Kamco
Banks’ bottomline growth was 3% higher than expectations
OECD revises up global growth outlook for 2025
The global economy outperformed expectations in 1H 2025 on the back of AI investments and frontloading
OECD revises up Saudi growth, inflation forecasts in 2025
2025’s inflation was also upped to 2.2% from 2.0% in June
Fed cuts rates for the first time this year, resuming widely anticipated easing cycle
Equity and debt markets in the Gulf stand to benefit from the move
Inflation in August edges up to highest level in two years
Housing, water, electricity, gas, and other fuels saw a 5.8% y-o-y increase during the month
Over 50% of Saudis swap counters for clicks as remittances go digital
67% of recipients prefer using digital apps
The Kingdom’s population growth can power its non-oil economy — with the right policies
The country’s demographics are “incredibly positive,” Knight Frank MENA chief economist Christopher Payne told us
Fitch ups global growth view
The agency projects global growth at 2.4% this year, easing to 2.3% in 2026
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