Weekly Market Brief – 11/1/2024
Saudi Arabia Macroeconomic Developments Saudi Arabia’s liquidity levels rose by 8.7 percent YoY to SAR2.9 trillion ($773 billion) as...
The Weekly Market Brief is a members only report that reviews the past week’s highlights from the Saudi, U.S., and global markets. Topics discussed in the Saudi markets include the Tadawul’s performance, Saudi Arabian Monetary Authority (SAMA) monetary and fiscal policy announcements, major investment developments, and major drivers of Saudi markets such as oil and non-oil sector growth, debt issuances, planned privatizations and fluctuations in global oil prices among others. U.S. markets cover market updates to fixed income, equities, labor and commerce, and major reports related to the U.S. economy, key trading partners or global events.
Saudi Arabia Macroeconomic Developments Saudi Arabia’s liquidity levels rose by 8.7 percent YoY to SAR2.9 trillion ($773 billion) as...
Saudi Arabia Macroeconomic Developments The IMF revised Saudi Arabia’s economic growth forecast to 1.5 percent for 2024 and 4.6...
Saudi Arabia Macroeconomic Developments According to the General Authority for Statistics (GAStat), Saudi Arabia’s annual inflation rate hit 1.7...
Saudi Arabia Macroeconomic Developments According to the General Authority for Statistics (GAStat), the Industrial Production Index (IPI) rose by...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s overall unemployment rate fell to 3.3 percent in the second quarter of 2024,...
Saudi Arabia Macroeconomic Developments Consumers in Saudi Arabia spent SAR247.2 million ($65.8 million) on electronics from Sept. 15 to...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s inflation rate reached 1.6 percent YoY in August, driven by higher housing costs....
Saudi Arabia Macroeconomic Developments Saudi Arabia’s GDP declined 0.3 percent YoY during Q2, largely due to an 8.9 percent...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s non-oil sector registered its first growth since February per Riyad Bank’s Purchasing Managers’...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s point-of-sale (POS) transactions dipped to SAR11.6 billion ($3.1 billion) between Aug. 18 and...
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