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Saudi economy now expected to shrink in 2026 on extended Hormuz disruption timeline, BMI
BMI expects the Saudi economy to contract in 2026 because of the Hormuz disruptions
Oil exports drove a 329% trade surplus surge in May while non-oil trade contracted
A headline surplus driven by oil prices and constrained imports rather than broad-based trade growth
MENA economy to shrink in 2026 before 6.5% rebound -BMI
BMI analysts are expecting different economic performances for the region
Saudi growth downgraded, but still outruns GCC, economists say
The East-West pipeline keeps the Kingdom out of contraction, but the forecasts are scattered enough that even the growth call…
Saudi growth to strengthen in 2H -BMI
Saudi Arabia weathered the regional conflict better than some of the GCC countries.
Saudi inflation held steady at 1.8% in June — The real test lies ahead
Two economists say the Kingdom is insulated for now but expect the pressure to show in the second half if…
Tightening the belt
The cuts target discretionary and operational spending across ministries
IMF now sees MENA economy contracting 0.5%
Global growth, on the other hand, is still forecast at 3% as the war and an AI boom cancel each…
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