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Fitch trims MENA growth to 1.8% in 2024
The agency warns that the region is entering 2025 “on shaky ground”
Non-oil exports rise 7.5% y-o-y in August
Oil exports declined to stand at 70.3 % of total exports.
Saudi GDP growth to hit 4.4% in 2025 -Reuters poll
The Kingdom may need to revise its USD 100-per-barrel oil price target
FDI declines 14.7% y-o-y in 2023
The manufacturing sector contributed the lion’s share to net FDI last year
IMF trims growth outlook for Saudi economy
The IMF sees the economy picking up to 4.6% in 2025
Gigaprojects look at more prudent budget allocations
Please spend responsibly: Gigaprojects in the Kingdom are now shifting to a more “prudent” approach to spending as the government…
Inflation hits seven-month high in September
House rental prices were up 11.2% y-o-y last month
Opec+ revises down outlook for oil consumption growth this year + the next
Oil demand in the Middle East is expected to grow by 265k bpd in 4Q.
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