Saudi Edition 
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AI + Innovation (MENA) 
Logistics (MENA) 
Inflation inches up to 1.6% in August
consumer prices nudged up 0.1% m-o-m
S&P upgrades Saudi’s sovereign credit rating outlook to positive
The revised outlook is underpinned by expectations that non-oil growth will remain strong
Saudi GDP shrinks 0.3% in 2Q 2024
The latest figures were calculated using the chain-linking method
Off-field drama
Steven Berwijn moved to Al Ittihad for EUR 21 mn
Business leaders see a strong year ahead for Saudi + wider GCC
Saudi respondents were the most bullish across Gulf countries
Brownie points for pacing
Overall GDP growth is forecasted to rise to 4.7% in 2024
Saudi’s non-oil private sector activity reverses five-month downtrend in August
The PMI figure rose for the first time this year since February
Newly established businesses jump in 2Q 2024
Women-led businesses accounted for 47% of all actively running companies by the end of 2Q
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