Saudi Arabia’s non-oil revenue surpassed oil revenue in the third quarter of 2026 for the first time since 2020, highlighting progress in diversifying government income and strengthening the budget’s resilience to energy market volatility.
من ملخص الناشر
تعرض سجال هذا العنوان وملخصا قصيرا للاطلاع، أما الخبر الكامل فيعود إلى الشرق الأوسط وهو متاح على الموقع الأصلي.
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 non-oil private sector expanded for a seventh consecutive month in October, with output growth accelerating, although input cost inflation reached its highest level since June.
The UAE aims to plough billions of dollars into electricity generation, power networks and storage as it seeks to diversify its energy mix and strengthen supply security, energy minister Suhail Al Mazrouei said.
Oman and China have signed investment agreements valued at billions of dollars during the Oman-China Investment Partnership Horizons Forum, including 23 partnerships in areas such as renewable energy, mining, logistics, and technology.
