The Saudi economy continues to benefit from the strength of its external position, supported by significant reserves and revenues from its oil and non-oil exports, despite the challenges imposed by the regional war on trade and tourism.
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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 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 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).
Saudi Arabia's economic indicators show a growing ability to withstand external shocks, supported by an expanding non-oil sector that has continued to grow despite geopolitical tensions and disruptions to regional trade and energy routes.
