The latest economic indicators for the Gulf Co-operation Council countries: the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman and Bahrain
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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…
Saudi Arabia recorded a budget deficit of SR84.3 billion ($22.38 billion) in the third quarter of 2026, as government expenditure exceeded revenue, according to the Ministry of Finance’s quarterly budget performance report released on Tuesday.
Saudi Arabia registered a budget deficit of SR84 billion during the third quarter of 2026, according to the Ministry of Finance's quarterly budget performance report released on Tuesday.
