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Non-oil exports inch up in February
Oil’s share of total exports dropped to 72.1%
Oil decline may lead to biggest deficit since 2020 -Goldman Sachs
We might see a USD 67 bn shortfall if crude averaged USD 62 this year
Non-oil private sector growth slightly slower in March
The PMI figure came in at 58.1 in March, dipping down from February’s reading of 58.4
S&P Global Ratings upgrades Saudi’s credit rating to A+
Economic diversification and development of the capital market are set to mitigate rising sovereign debt
Non-oil economy expected to maintain growth above 4% in 2025: NBK
Official preliminary estimates show that the sector’s share of GDP hit a record high of 51% in 2024
Non-oil private sector expansion slows in February
The PMI headline figure came in at 58.4 in February, dipping down from the over decade-high reading of 60.5 in…
Saudi GDP grows 1.3% in 2024, buoyed by non-oil activities
The Kingdom’s real GDP grew 4.4% y-o-y in 4Q 2024, the highest in two years
Saudi’s PMI dips in December for the first time since August
The new orders subindex climbed to 65.5 in December up from 63.4 the previous month
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