Fitch affirms Saudi Arabia’s ‘A+’ credit rating with stable outlook
Fitch Ratings has affirmed on Friday Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A+’…
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Saudi Arabia’s economy
S. Arabia’s real GDP up by 2.8% YoY in Q3 ’24
Saudi Arabia's real GDP increased by 2.8 per cent year-on-year (YoY) and 0.9 per cent quarter-on-quarter (QoQ) in…
IMF further cuts forecasts for S. Arabia’s economy this year
The International Monetary Fund (IMF) lowered on Tuesday its growth outlook for Saudi Arabia to 1.5 per cent in…
S. Arabia’s non-oil exports rise by 8.2% in May
Saudi Arabia's non-oil exports, including re-exports, experienced an 8.2 per cent rise compared to the same month…
S. Arabia 2nd in ’24 VC rankings
Saudi Arabia achieved the second position in emerging-market venture capital for the first half of 2024, closely…
Saudi non-oil activity grows at slowest pace since ’22 – PMI
The non-oil business activity in Saudi Arabia expanded at its weakest pace in 2 1/2 years in June, a recent survey…
S. Arabia’s FDI surges by 5.6% in Q1 ’24
Saudi Arabia experienced a significant boost in foreign direct investments (FDI) in the first quarter of 2024, with…
S. Arabia’s inflation edges up to 1.6% in April – GASTAT
Saudi Arabia's inflation rate rose to 1.6 per cent in April 2024, driven by higher prices for housing, utilities,…
OECD cuts Saudi Arabia’s growth forecast in ’24, ’25
Saudi Arabia’s economy will contract by 0.2 per cent in 2024, said the Organisation for Economic Co-operation and…
Saudi Arabia records SAR13b FDI in Q4 -’23
Saudi Arabia saw a net inflow of foreign direct investment (FDI) totalling more than SAR 13 billion during the…