Saudi economy stays resilient amid Iran war, retains top Fitch ratings
As per the Fitch, Saudi to grow 0.6% in 2026, reflecting trade disruptions due to the Hormuz tensions, before rebounding in 2027...
Tag : Saudi Arabia
Mixed performance by Saudi on FDI front as net inflows decline in Q1 2026
There was a positive growth in total FDI inflows into the Saudi economy during the first quarter of 2026, as the tally rose to SR26.6 billion...
Kuwait’s Q1 2026 trade exchange falls to 7.2 billion dinars, says government data
Total exports dropped by 20.5% to 4.502 billion dinars from 5.66 billion dinars in the Q1 2025. Imports declined as well, falling 12.3% to 2.734 billion dinars...
Saudi construction cost growth stays moderate in May, says GASTAT
The Construction Cost Index was 2.65 higher than 2025, driven by increased equipment rental, labour, and energy costs in the property sect...
Saudi Arabia’s nominal GDP rises 6.3% in Q1 2026, finds report
Inflationary conditions within the Saudi economy remained stable, with the Consumer Price Index (CPI) remaining at 1.7% in April 2026...
Iran war, weak yen make Japan’s crude import troublesome affair
Japan, the world's fifth-largest oil importer, got just 850,000 bpd of crude oil in April, against the established capacity of over 2.3 million bpd...
Through Red Sea Express, Saudi eyes increasing non-oil exports
Red Sea Express has also been entrusted to attract investments and reinforce the ports' role as the Kingdom's key economic driver...
IF Insights: UAE stands to gain after exit from OPEC
Fitch sees the UAE's oil production remaining unaffected in the post-OPEC world, with revenues getting boosted in the longer term...
Sukuk issuance rises by 13.1% in GCC, Saudi Arabia leads the show
The Middle East witnessed a significant 13.1% hike in its Sukuk issuance, driven by strong local-currency borrowing in Saudi Arabia...
In a respite from Hormuz stalemate, MSC opens new express service
MSC's announcement will likely provide relief to the global supply chain players, as they respond to surging demand and mounting disruption...