
Weekly Market Brief – 11/24/2023
Saudi Arabia Macroeconomic Developments The Saudi Central Bank (SAMA) and the People’s Bank of China signed a local currency...
Saudi Arabia Macroeconomic Developments The Saudi Central Bank (SAMA) and the People’s Bank of China signed a local currency...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s international reserve assets dropped 3 percent MoM to SAR1.59 trillion ($424 billion) in...
Highlights from the Q1 2023 report include: The total value of awarded contracts continued unabated during the first quarter, reaching...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s Purchasing Managers’ Index (PMI) rose for the second consecutive month in October, increasing...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s real gross domestic product (GDP) contracted by 4.5 percent in the third quarter...
Saudi Arabia Macroeconomic Developments Saudi Arabia witnessed the signing of investment deals worth SAR67 billion ($17.9 billion) at the...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s inflation rate dropped to 1.7 percent in September, down from 2 percent in...
Saudi Arabia Macroeconomic Developments The International Monetary Fund further lowered its GDP growth forecast for Saudi Arabia for 2023...
Saudi Arabia Macroeconomic Developments The World Bank expects Saudi Arabia’s economy to contract by 0.9 percent in 2023, revising...
Saudi Arabia Macroeconomic Developments The Kingdom’s overall unemployment rate declined to 4.9 percent in the second quarter of this...
© 2023 — U.S.-Saudi Arabian Business Council | Web Design by Advanced Technical Solutions