Saudi Arabia's economy is expected to stage a strong rebound in 2027 as the effects of disruptions to energy and trade flows fade. The World Bank forecasts the Kingdom's GDP to grow by 7.9 percent next year, following a projected 2 percent contraction in…
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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…
Credit rating agency Moody’s said on Tuesday that the fiscal recovery planned for Saudi Arabia in 2027 supports its view that prudent fiscal management will remain a key factor in spending and borrowing decisions.
Gulf economies could rebound sharply in 2027, with the World Bank forecasting 10.3 percent growth if the Iran conflict does not escalate this year.
The Saudi Fund for Development (SFD) signed six concessional development loan agreements worth more than $403 million with Syria on Thursday to support key sectors, including energy, water, health, housing, infrastructure and digital transformation.
