Non-oil sector
- Middle East
Empowering exports: Saudi Arabia boosts non-oil trade with India
Economic relations between the Kingdom of Saudi Arabia and India have witnessed significant growth, with India emerging as the Kingdom’s second-largest trading partner and Saudi Arabia ranking fourth among India’s largest trading…
- Middle East
UAE’s non-oil foreign trade hits record AED 1.395 trillion in H1 2024
The United Arab Emirates (UAE) non-oil foreign trade has reached heights, showcasing the country’s resilience and strategic economic diversification efforts. According to Thani Al Zeyoudi, UAE Minister of State for Foreign Trade,…
- Middle East
Saudi Arabia: Non-oil activities grow by 3.4% in Q1 2024
Riyadh: The Kingdom of Saudi Arabia’s non-oil activities continued their upward trend, expanding by 3.4 percent year-on-year in the first quarter of 2024. According to a new report released by the General Authority for…
- Middle East
Saudi Arabia sees 4.4% surge in non-oil exports in February
Riyadh: The Kingdom of Saudi Arabia’s non-oil exports, including re-exports, experienced a 4.4 per cent surge in February this year compared to the same month in 2023. According to a new report released by…
- Middle East
Saudi Arabia: Non-oil activity record highest level in its history
The Kingdom of Saudi Arabia’s non-oil activities recorded their highest ever contribution to real gross domestic product (GDP) during 2023, at 50 percent. According to a statement by the Saudi General Authority…
- Middle East
UAE one of fastest-growing economies in 2022: CBUAE
Abu Dhabi: The UAE’s real GDP growth accelerated during 2022 due to a robust recovery in non-oil GDP and a sizable expansion of oil GDP, according to the Financial Stability Report for…
- Middle East
UAE private sector hiring surges for 14th consecutive month
Abu Dhabi: The United Arab Emirates (UAE) job market sees the 14th consecutive month of growth in June, driven by non-oil sectors’ acceleration, according to S&P Global UAE Purchasing Managers’ Index (PMI),…
- Middle East
Saudi non-oil private sector record highest level in 8 years
Riyadh: The activity of the non-oil private sector in the Kingdom of Saudi Arabia (KSA) accelerated during February to the highest level in 8 years, in light of increased demand associated with…
- Middle East
Employment in Saudi’s non-oil sector rises to its highest in 5 yrs
Riyadh: Hiring at companies in the Kingdom of Saudi Arabia’s non-oil sector rose at its strongest pace in almost five years in December. Companies sought to increase their staffing capacities in response…
