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GDP grows 3.9% y-o-y in 2Q, buoyed by the non-oil sector.
Non-oil activities drove the expansion with 4.6% y-o-y growth
Consumer spending in the Kingdom, GCC to outpace global peers -Oxford Economics
Household consumption in the GCC is projected to see a 3.4% annual rise over the next five years, significantly outpacing…
FDI net inflows inch down in 2024
Outflows also climbed to SAR 39 bn
Non-oil business activity posts strong expansion in August
The seasonally adjusted figure hit 56.4 during the month, slightly up from 56.3 in July
Net foreign assets tick down to SAR 1.4 tn surplus in July
Sama’s net foreign assets ended July with a surplus of SAR 1.57 tn, a notable decrease from June’s SAR 1.62…
Riyad Capital revises up 2025 GDP growth to 4.3%
Non-oil activities are set to maintain a robust growth path, increasing by 4.6% in 2025 and 4.3% in 2026
Leading economies must rely more on foreign workers to offset aging populations, top central bankers warn
While there’s a growing agreement from the central bankers, political sentiment in the world’s most developed nations is yet to…
Non-oil exports up in 2Q + trade balance down to lowest level since pandemic
Oil exports are still on a downward trend
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