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Global growth is stalling
Global growth is set to fall below 3% for the first time since the pandemic
More than half of Saudis are optimistic about the economy -Oliver Wyman
Younger consumers, aged 18 to 29, were less optimistic than the general population
Non-oil activity slightly accelerates in May, backed by strong new order growth
The new orders subindex inched up to 62.5 in May
Gastat is revising our GDP figures
The revision project looks to better capture the economic transformation taking place in the Kingdom
Saudi is pushing forward with accelerated output hikes. Can we afford it?
The Kingdom’s voluntary cuts could end by October
Saudi banks report second-biggest quarterly growth in net income in the region in 1Q -Kamco
The sector’s top line hit a new record high of USD 34.6 bn during the quarter
Drop in oil revenues, global uncertainty a chance to “take stock” of spending priorities -AlJadaan
PLUS: India will reportedly exempt the PIF from foreign investment rules
Non-oil economy may be losing momentum -Capital Economics
The sector has showed some signs of weakness recently
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