Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the company's rising profits and declining government oil revenue recorded in the state budget.
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The UAE’s non-oil private sector continued expanding in October, with new orders picking up and businesses raising selling prices at a record pace to pass on higher operating costs.
Saudi Arabia’s budget deficit grew in the third quarter of 2026, surpassing the government’s full-year target, Finance Ministry data shows. Pressure on public finances from the US-Iran war and a seasonal rise in spending are likely to widen the gap further by…
Growth in Kuwait’s non-oil private sector accelerated in October, while Egypt’s remained in contraction for a 10th consecutive month as Qatar’s non-energy sector saw its sharpest downturn since May.
Saudi Arabia’s non-oil activities grew by 1.9 percent year-on-year in the Q3 of 2026, despite a 3.8 percent decline in the Kingdom’s real gross domestic product (GDP), according to the General Authority for Statistics (GASTAT).
