KUWAIT, 1st December, 2025 (WAM) -- The Arab Investment & Export Credit Guarantee Corporation (Dhaman) revealed that the value of Arab gross domestic product (GDP) rose by 1.7 percent to hit roughly ...

DUBAI (Reuters) -The International Monetary Fund upgraded its 2025 economic growth forecast for Saudi Arabia on Tuesday due to a faster-than-expected unwinding of oil production cuts in the world's ...

RIYADH, Sept 30 (Reuters) - Saudi Arabia estimates its 2024 fiscal deficit will widen to almost 3% of GDP, according to a government statement on Monday, as it increases spending to boost growth and ...

DUBAI, Jan 30 (Reuters) - The International Monetary Fund lowered its 2024 forecast for economic growth in Saudi Arabia to 2.7% on Tuesday, projecting a slower recovery amid lower oil production, but ...

CAIRO (Reuters) -Saudi Arabia has projected a fiscal deficit equivalent to 3.3% of gross domestic product for 2026, higher than a previous estimate from the 2025 budget that envisaged a 2.9% deficit ...

Saudi Arabia stands on the cusp of a profound economic transformation. Spearheaded by its Vision 2030 strategy, this ambitious initiative aims to reduce the Kingdom's reliance on oil while ...

A new report by the United Nations Development Programme (UNDP) called ‘Military Escalation in the Middle East: Economic and Social Implications for the Arab States Region’ paints a stark picture of ...

Saudi Arabia’s Ministry of Economy and Planning has revealed that non-oil revenues hit 50% of the Kingdom's GDP in 2023. The country’s non-oil economy was valued at 1.7 trillion Saudi Riyals ...

Saudi Arabia's economy has shown robust growth despite regional tensions, supported by a strong banking system, growing home ownership, and a thriving non-oil sector. The IMF report highlights Saudi ...

Saudi Arabia's fourth-quarter real GDP fell 3.7% year-on-year, according to government flash updates. Saudi Arabia's fourth-quarter real GDP fell 3.7% year-on-year, according to flash estimates ...