Remittances hit SAR 165 bn in 2025 as Riyadh fights to keep cash local
Expat remittances doubled since 2017
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Expat remittances doubled since 2017
A 10% change in oil prices translates into a 0.5% change in non-oil GDP, according to PwC
The annual expansion was driven by oil activities, which jumped 5.6%
The GCC is forecast to post real GDP growth of 4.8% in 2026
The data reveals a surging rental market and luxury spending offset by a deflationary trend in tech and household goods.
The fund’s growth forecast for Saudi is now up 0.5 percentage points
PLUS: Private-sector marketing and sales jobs are going to see their Saudization rates rise to 60%
Investors gain exemption from the standard Companies Law, with new provisions for dynamic Saudization and binding family charters
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