Economy MagazineSaudi’s 2030 PUSHIFM CorrespondentJune 6, 2023June 6, 2023 by IFM CorrespondentJune 6, 2023June 6, 2023 The crude petroleum and natural gas activities contributed 32.7% to the Saudi economy... Read more
Featured Oil & GasFall in oil output to slow down Saudi GDP growth in 2023?IFM CorrespondentMay 19, 2023 by IFM CorrespondentMay 19, 2023 The non-oil revenues increased by 9% in Q1 2023 while oil revenues declined by 3%, as per the Saudi government stats... Read more
Economy FeaturedSaudi’s low inflation rate a lesson for G20 countriesWebAdminNovember 11, 2022 by WebAdminNovember 11, 2022 The newest prediction from the IMF predicts that Saudi Arabia's GDP will rise 7.6% this year after accelerating by 3.2% last year... Read more
Economy FeaturedSaudi Arabia to attract FDI worth SAR388 bn annually under National Investment StrategyIFM CorrespondentOctober 12, 2021October 12, 2021 by IFM CorrespondentOctober 12, 2021October 12, 2021 The annual domestic investment is expected to increase to SAR1.7 tn by 2030... Read more
Economy FeaturedSaudi Arabia’s inflation rate increases in April to 5.3%WebAdminMay 24, 2021 by WebAdminMay 24, 2021 The increase is primarily due to the rise in food and transport prices... Read more
Economy FeaturedSaudi Arabia’s economy contracts by 3.3% in Q1Pritam BordoloiMay 11, 2021 by Pritam BordoloiMay 11, 2021 The overall GDP was further affected by a 12% decline in ongoing crude oil production cuts... Read more
Economy FeaturedSaudi Arabia announces $263.91 bn budget for 2021Pritam BordoloiDecember 16, 2020 by Pritam BordoloiDecember 16, 2020 The Kingdom will spend 7% less than estimated spending for this year... Read more
Featured FinanceSaudi raises $7 bn in bond sale to strengthen financesInternational Finance Business DeskApril 17, 2020 by International Finance Business DeskApril 17, 2020 It is reported that the Kingdom's bonds have been heavily oversubscribed... Read more