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Non-oil private sector on a tear even as cost pressures rise –PMI
New orders hit a five-month high, but companies are feeling the impact of rising cost pressure
Saudi isn’t going to play along with a blanket phase-out of oil, gas –Energy Minister
…and petrochemicals are here to stay
Trade surplus falls in 3Q 2023 on lower oil output
Oil exports fell 27.8% y-o-y to SAR 231 bn in 3Q 2023
Saudi economy to rebound in 2024 -Riyad Capital
It expects non-oil activities to continue accelerating next year with oil activities gradually recovering
The economy is set to contract this year on lower oil output, but the private sector boom continues –World Bank
The economy is set to shrink for the first time on an annual basis since covid, with the Kingdom’s GDP…
We just signed a local currency swap with China
The move comes as the two countries look beyond the USD
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