Saudi’s 2030 PUSH
The crude petroleum and natural gas activities contributed 32.7% to the Saudi economy...
Tag : Saudi Arabia economy
Saudi Arabia’s economy to grow by 7.4% in 2022: Finance Minister
The economy will get a major boost from improved oil prices next year...
Saudi Arabia’s inflation rate fell to 4.9% in March
Inflation rate in February was 5.2%...
GCC to see a GDP growth of 2.5% during 2021-23: S&P
S&P predicts average Brent oil price of $60 in 2021 and 2022 and $55 in 2023...
Saudi Arabia’s economy shrank by 3.8% in Q4 2020
According to preliminary estimates, the Kingdom’s economy contracted by 4.1% last year...
Saudi Arabia’s GDP fell by 13% year-on-year during Q2
The Saudi economy contracted by 1% in Q1...
Saudi Arabia’s $1.07 bn Jada fund of funds to support SMEs, startups
Saudi Arabia’s Public Investment fund has launched Jada to invest in venture capital funds, private equity funds and to support SMEs...
Saudi Arabia’s budget deficit in second quarter widens to $8.9 bn
Saudi Arabia's spending was up by 5% but oil revenue dropped 4% year-on-year...
Saudi Arabia achieves surplus as oil revenue spikes 48% in Q1
The Kingdom has recorded a budget surplus for the first time since the collapse of oil prices in 2014...