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GDP continues to shrink, albeit at a slower pace
Oil activity continued to weigh on the overall economy, declining 8.5% y-o-y
Taking stock of the fast-growing Saudi-China relationship
Two-way trade and investment between China and Saudi Arabia is booming — and raising eyebrows in the west
Saudis are optimistic about the economy, but a bit less so about job security
Saudi scored 72.7 in May’s Primary Consumer Sentiment Index (PCSI)
Non-oil exports rose 2.1% y-o-y in May, imports advanced 2.6%
China remained Saudi's largest trade partner.
Saudi GDP growth to fall behind peers in the GCC, poll suggests
Saudi’s GDP growth is set to come in at 4.5% in 2025, up 0.4 percentage points
IMF’s Azour says a review of gigaprojects is both welcome and natural
Azour says any recalibration as part of a “classical revision” of medium-term strategy would be welcomed by the lender.
Inflation cools off for the first time in three months
Car prices fell 4.6% y-o-y in June
IMF once again lowers our 2024 growth target, sees it coming in at 1.7%
The IMF also said it sees growth slowing in 2025 to to 4.7%
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