Weekly Market Brief – 2/16/2024
Saudi Arabia Macroeconomic Developments Saudi Arabia’s non-oil revenues jumped 11 percent YoY in 2023 to reach SAR457.7 billion ($122...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s non-oil revenues jumped 11 percent YoY in 2023 to reach SAR457.7 billion ($122...
Saudi Arabia Macroeconomic Developments The Kingdom’s Purchasing Managers’ Index (PMI) stood at 55.4 points in January, indicating economic expansion,...
Saudi Arabia Macroeconomic Developments The International Monetary Fund lowered its 2024 forecast for economic growth in Saudi Arabia to...
Saudi Arabia Macroeconomic Developments Saudi Arabia launched its first administrative enforcement court with jurisdiction over government entities and officials...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s inflation slowed to 1.5 percent in December 2023, compared to 1.7 percent MoM....
Saudi Arabia Macroeconomic Developments Saudi Arabia’s merchandise exports reached a seven-month high in October totaling SAR104.31 billion ($27.8 billion)....
Saudi Arabia Macroeconomic Developments Saudi Arabia along with the U.A.E., Egypt, Iran, and Ethiopia joined BRICS on January 1,...
Saudi Arabia Macroeconomic Developments According to the General Authority for Statistics (GAStat), Saudi Arabia’s trade balance achieved a surplus...
Highlights from the Q2 2023 report include: The total value of awarded contracts remained strong during the second quarter, reaching...
Saudi Arabia Macroeconomic Developments Saudi Arabia approved the state budget for 2024 with revenues projected at SAR1.17 trillion ($312.48 billion)...
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