Reviews the week’s macroeconomic and market news from Saudi Arabia and the U.S. The brief includes Saudi equity performance, oil market review, U.S.-Saudi business and trade news, and key global developments.
Weekly Market Briefs
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SAUDI ARABIAN MARKET Saudi Arabia Macroeconomic Developments • Saudi Arabia’s non-oil private sector economy continued to improve in February, but the rate of growth eased amid slower expansion for output...
SAUDI ARABIAN MARKET Saudi Arabia Macroeconomic Developments • Saudi Arabia lowered its U.S. Treasury holdings by SAR4.5 billion ($1.2 billion) in December after four months of successive increases. The Kingdom’s...
SAUDI ARABIAN MARKET Saudi Arabia Macroeconomic Developments • Saudi Arabia extended restrictions on entertainment, recreation, and dine-in services for an additional 20 days to curb the spread of the coronavirus....
SAUDI ARABIAN MARKET Saudi Arabia Macroeconomic Developments • Saudi Arabia suspended travel from 20 countries, including the U.S., to curb the spread of the coronavirus. Daily COVID-19 cases rose 22...
SAUDI ARABIAN MARKET Saudi Arabia Macroeconomic Developments • Saudi Arabia postponed the reopening date for air, land, and sea ports to May 17, according to the Ministry of Interior. Travel...
SAUDI ARABIAN MARKET Saudi Arabia Macroeconomic Developments • Saudi Arabia’s unemployment rate fell to 8.5 percent in Q3 2020 from 9 percent in Q2 as some employees returned to jobs...