News
Federation of Chambers" Paris visit instrumental in further bolstering Saudi-French trade and investment ties
3+ hour, 46+ min ago (223+ words) PARIS " A delegation from the Federation of Saudi Chambers of Commerce, headed by its Chairman Sheikh Abdullah Saleh Kamel, concluded a five-day high-profile visit to France. During the visit, the delegation participated in several key meetings and events, including the…...
Saudi nominal GDP rises 6. 3% to SR1. 274 trillion in Q1, monthly bulletin shows
1+ week, 4+ day ago (333+ words) RIYADH " Saudi Arabia's nominal GDP rose 6. 3 percent year-on-year to SR1. 274 trillion in the first quarter of 2026, driven primarily by a 12. 3 percent increase in oil activities, according to the Ministry of Investment's May 2026 Monthly Bulletin. The report highlighted the Kingdom's economic growth…...
Saudi Arabia's GDP reaches $1. 31 trillion: NTP report
1+ week, 5+ day ago (387+ words) RIYADH " Saudi Arabia's real GDP reached $1. 31 trillion in 2025, while non-oil activities accounted for 55% of the economy. The report noted that foreign direct investment inflows climbed to $35. 5 billion in 2025, nearly five times higher than in 2017, while non-oil GDP expanded by 4. 9% during…...
Jordan suspends foreign labor recruitment as unemployment falls to 16%
2+ week, 2+ day ago (206+ words) AMMAN " Jordan will suspend the recruitment of foreign workers across most sectors of the economy starting June 1, 2026, as the kingdom seeks to expand employment opportunities for its citizens following a decline in unemployment. The decision was announced by the Ministry…...
Saudi non-oil private sector growth at its fastest pace in three months
2+ week, 4+ day ago (219+ words) RIYADH " Saudi Arabia's non-oil private sector activity posted growth at its fastest pace in three months during May, signaling a strong recovery from the slowdown recorded in March. Companies attributed this rebound to the restoration of normal business conditions following…...
Saudi wholesale and retail trade revenues record 7. 3% growth in Q1 2026 - Latest News from Saudi Arabia and the World
2+ week, 6+ day ago (311+ words) RIYADH " Saudi Arabia's general operating revenue index for wholesale and retail trade statistics recorded an increase of 7. 3 percent during the first quarter of 2026, compared to the same quarter of the previous year. The index also rose by 0. 5 percent quarter-on-quarter basis…...
Saudi wholesale and retail trade revenues record 7. 3% growth in Q1 2026
2+ week, 6+ day ago (311+ words) RIYADH " Saudi Arabia's general operating revenue index for wholesale and retail trade statistics recorded an increase of 7. 3 percent during the first quarter of 2026, compared to the same quarter of the previous year. The index also rose by 0. 5 percent quarter-on-quarter basis…...
Saudi non-oil exports surge 19% in 2025
3+ week, 2+ hour ago (272+ words) RIYADH " Saudi Arabia's non-oil exports, including re-exports, recorded a surge of 18. 9 percent in 2025 compared to 2024, while national non-oil exports, excluding re-exports, decreased by 0. 1 percent. According to the 2025 International Merchandise Trade Report, published by the General Authority for Statistics (GASTAT) on…...
Saudi construction cost index rises 2. 4% in April - Latest News from Saudi Arabia and the World
4+ week, 2+ day ago (228+ words) Saudi construction cost index rises 2. 4% in April Saudi Gazette Saudi construction cost index rises 2. 4% in April RIYADH " The construction cost index in Saudi Arabia rose by 2. 4 percent in April 2026 compared to the same month of the previous year. This increase…...
10. 2% rise in Saudi operating revenue index in March
1+ mon, 1+ day ago (172+ words) There has been a 10. 2 percent year-on-year increase in Saudi Arabia's operating revenue index during March 2026 compared to March 2025. 10. 2% rise in Saudi operating revenue index in March RIYADH " There has been a 10. 2 percent year-on-year increase in Saudi Arabia's operating revenue index…...