Saudi Arabia Macroeconomic Developments
- The Kingdom’s Purchasing Managers’ Index rose to 57.2 points in February, marking a notable improvement from a two-year low in January. This uptick signals a significant improvement in the operating conditions of the non-oil private sector.
- Saudi Arabia received recognition as “the most improved country overall” in the 12th edition of the U.S. Chamber of Commerce International Intellectual Property Index.
