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…
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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 non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank Purchasing Managers’ Index (PMI) to 54.0 from 55.3 in September, according to data compiled by S&P…
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 Public Investment Fund has raised the equivalent of $3 billion in credit facilities, guaranteed by Italy’s export credit agency SACE to support procurement from suppliers and expand business cooperation with the European country.
