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Press Dossier   By Date  05/10/2024
Saudi Arabia’s non-oil GDP expected to grow 5.5% from 2025 to 2027: Moody’s
Saudi Arabia’s non-hydrocarbon real gross domestic product is set to grow between 5 and 5.5 percent from 2025 to 2027, driven by increased government spending, a new analysis showed.
Saudi Arabia’s official reserves highest in 21 months at $470bn
Saudi Arabia’s official reserve assets reached SR1.76 trillion ($469.83 billion) in August, the highest in 21 months and a 10 percent increase year-on-year, according to recent data.
Saudi Arabia’s non-oil business growth continues as PMI rises to 56.3
Saudi Arabia’s non-oil private sector business conditions strengthened in September, driven by improved sales momentum and rising new orders, according to an economic tracker.
Saudi leaders unite with global icons in Uzbekistan to discuss growth of creative economy
Industry leaders from Saudi Arabia joined fashion icon Naomi Campbell and other prominent figures at a pivotal conference in Uzbekistan dedicated to the creative economy.
UAE’s non-oil sector growth steady amid slight PMI decline: S&P Global
The UAE’s non-oil sector growth remained stable in September, with the Purchasing Managers’ Index dipping slightly to 53.8 from 54.2 the previous month, according to S&P Global.
How Saudi Arabia is developing tourism while protecting its precious marine ecosystems
Saudi Arabia’s coastal waters are home to a diverse range of marine ecosystems, supporting vital fisheries and a growing tourism industry, all while hosting critical marine biodiversity, including coral reefs, seagrass meadows and mangrove forests.
Visitors to Kingdom spend more than $24bn in first half of 2024
The Saudi Ministry of Tourism said the Kingdom achieved an 8.2 percent growth in spending by foreign visitors during the first half of 2024, compared with the first half of 2023.
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