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GDP expands in 2Q on robust non-oil growth
Non-oil activities saw the strongest growth, expanding 4.7% y-o-y
The Fed holds rates steady, defying Trump's pressure
Yesterday’s meeting saw a rare dissent from Trump appointees
IMF revises our growth forecast upwards
Growth for 2026 is expected to rise to 3.9%
Inflation is low in the Kingdom — and is poised to remain that way
A strong USD and subsidized local fuel prices keep a lid on inflation
Oil exports fall to four-year low in May, non-oil exports marginally down
Oil’s share of total exports dropped to 65.6%
Fitch maintains the Kingdom’s credit rating at A+ with stable outlook
The report balances a healthy banking sector and a buoyant non-oil economy against widening fiscal and current account deficits driven…
NIDLP sectors add SAR 986 bn to GDP in 2024
Non-oil exports climbed 13.2% y-o-y to SAR 514 bn in 2024
Inflation marginally inches up in June
Housing, water, electricity, gas, and other fuels saw a 6.5% increase y-o-y during the month
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