Saudi Arabia’s annual inflation rate remained steady at 1.9 percent in September 2026, while consumer prices were unchanged month-on-month. The stability comes amid risks to global trade and energy supplies arising from tensions along maritime routes, which…
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Saudi Arabia’s GDP contracted in the third quarter at a slower rate than the previous three months, suggesting a partial recovery from the worst impacts of the war, government figures released on Sunday show.
Saudi Arabia's economy remains resilient despite the ongoing conflict in the Middle East, supported by strong financial buffers, a well-capitalized banking system and prudent economic policies, Saudi Central Bank (SAMA) Governor Ayman Al-Sayari said during…
On Oct. 10, a Houthi missile struck King Khalid International Airport in Riyadh, killing 13 people and wounding more than 300. The dead included Saudi citizens alongside nationals of Bangladesh, the US, Egypt, Jordan, Syria, Palestine, Sudan, and India.
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Wednesday that developments in Saudi Arabia potentially have “negative spillovers for everybody everywhere.” Speaking at the IMF Managing Director’s briefing on the Global…
