Middle East conflict: Saudi non-oil business activity slumps #NewsoftheDay #InternationalFinance
The Riyad Bank Saudi Arabia PMI fell to 48.8 in March from its February high of 56.1 #FinanceNews #EconomicTrends #BusinessActivity #RiyadBank #NonOilSector #SaudiEconomy #MiddleEastEconomy
Saudi Arabia's non-oil private sector growth moderated in December with PMI falling to 57.4 from 58.5, marking slowest expansion in four months though remaining above long-run average of 56.9. Bne IntelliNews #SaudiArabia #NonOilSector #EconomicGrowth #PMI #BusinessNews
Kuwait PMI rises to four-month high of 53.4 in November as output growth reaches strongest pace since June, though accelerating input costs threaten firms' competitive pricing strategies. Bne IntelliNews #Kuwait #EconomicGrowth #PMI #NonOilSector #BusinessNews
Azerbaijan’s economic growth is now entirely driven by the non-oil and gas sector, Economy Minister Mikayil Jabbarov said during discussions on the 2026 budget. Bne IntelliNews #Azerbaijan #EconomicGrowth #NonOilSector #SustainableDevelopment #Investment
The emirate reported a gross domestic product of USD 326 billion last year, heavily driven by the non-oil sector. The manufacturing sector was the largest contributor, followed by construction.
#GDP #abudhabi #economy #nonoilsector