Weekly Market Brief – 1/13/2023
Saudi Arabia Macroeconomic Developments The Riyad Bank Saudi Arabia Purchasing Managers Index reached 56.9 points in December 2022, which is...
Weekly Market Brief – 1/6/2023
Saudi Arabia Macroeconomic Developments The Riyad Bank Saudi Arabia Purchasing Managers Index reached 56.9 points in December 2022, which is...
Fintech Sector Update 2023
Saudi Arabia is aiming to reach a SAR13.3 billion ($3.6 billion) direct GDP contribution by 2030, up from SAR1.2 billion...
Weekly Market Brief – 12/30/2022
Saudi Arabia Macroeconomic Developments Saudi Arabia approved the New Energy Supply law, which will govern all energy products in the...
Weekly Market Brief – 12/23/2022
Saudi Arabia Macroeconomic Developments Saudi Arabia’s holdings of U.S. Treasuries reached SAR454 billion ($121.1 billion) in October, up 3.95 percent...
USSBC Contracts Awards Index Report – Q3 2022
Highlights from the Q3 2022 report include: The total value of awarded contracts during the third quarter reached SAR25.2 billion...
Weekly Market Brief – 12/16/2022
Saudi Arabia Macroeconomic Developments Saudi Arabia’s annual inflation rate rose 2.9 percent YoY in November, driven by a rise in...
Weekly Market Brief – 12/9/2022
Saudi Arabia Macroeconomic Developments Saudi Arabia has released its 2023 state budget forecasts, where expenditures are expected to be SAR1.1...
Weekly Market Brief – 12/2/2022
Saudi Arabia Macroeconomic Developments Saudi Arabia’s foreign reserve assets decreased by SAR15.8 billion ($4.2 billion) MoM, reaching SAR1.7 trillion ($450...
Petrochemical Sector Update 2022
Saudi Arabia is among the world’s leading producers of petrochemicals. Saudi Basic Industries Corporation (SABIC), now majority owned by Saudi...