Weekly Market Brief – 9/27/2024
Saudi Arabia Macroeconomic Developments Consumers in Saudi Arabia spent SAR247.2 million ($65.8 million) on electronics from Sept. 15 to...
Weekly Market Brief – 9/20/2024
Saudi Arabia Macroeconomic Developments Saudi Arabia’s inflation rate reached 1.6 percent YoY in August, driven by higher housing costs....
Weekly Market Brief – 9/13/2024
Saudi Arabia Macroeconomic Developments Saudi Arabia’s GDP declined 0.3 percent YoY during Q2, largely due to an 8.9 percent...
Weekly Market Brief – 9/6/2024
Saudi Arabia Macroeconomic Developments Saudi Arabia’s non-oil sector registered its first growth since February per Riyad Bank’s Purchasing Managers’...
USSBC Contracts Awards Index Report – Q1 2024
Highlights from the Q1 2024 report include: The total value of awarded contracts soared during the first quarter, reaching SAR118.8...
USSBC Contracts Awards Index Report – Q3 2023
Highlights from the Q3 2023 report include: The total value of awarded contracts catapulted during the third quarter, reaching SAR88...
USSBC Contracts Awards Index Report – Q2 2023
Highlights from the Q2 2023 report include: The total value of awarded contracts remained strong during the second quarter, reaching...
USSBC Contracts Awards Index Report – Q1 2023
Highlights from the Q1 2023 report include: The total value of awarded contracts continued unabated during the first quarter, reaching...
Riyad Bank: Financing Saudi Arabia’s Future
Riyad Bank, a member of the U.S.-Saudi Business Council (USSBC), serves U.S. customers through its Houston office as well as...
Saudi Arabia’s Economic Outlook Upgraded in April
This month’s higher oil prices have contributed to improvements in Saudi Arabia’s sovereign balance sheet, and as a result Fitch...
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