Saudi Arabia records $1.54bln in POS transactions in one week UAE non-oil growth hits fastest pace since December 2024, PMI shows Oman’s non-oil exports rise 11.4% to $9.3bln, re-exports jump 20% UAE participates in second G20 Finance Ministers and Central Bank Governors meeting Saudi Arabia and Syria sign 4 pacts to boost cooperation in transport and logistics sectors Geological assets drive mining, manufacturing growth in Fujairah RAK Chamber explores trade, investment opportunities at UAE-Lebanon Business Forum Saudi Arabia agrees to raise Pakistani agricultural and food exports to $3bln UAE investment council launches data tools to boost overseas investment Oman's public revenue rises 13% to $17.2bln in first half of 2026 Saudi Arabia’s construction costs rise 2.3% in July 2026 ADIB provides $37mln Islamic financing for Glasgow logistics hub Oman’s tea and coffee imports hit record highs Total value of Bahraini exports hit $5.04bln Oman: ARA eyes Q3 2027 gas pipeline launch Oman: Sohar International establishes innovation hub at Terminal 11 to support fintech growth Bahrain's Benefit unveils Digital Direct Debit service Saudi: Civil Defense requires third-party insurance for licensing and renewals of certain activities Saudi PIF annualised total shareholder returns fall to 5.8% as some assets lose value Saudi Aramco offers crude outside Hormuz to some Asian refiners, sources say Ten agreements signed to localise electrical transformer component manufacturing in Oman Khareef lifts Salalah Airport passenger arrivals by 8% Fuel tanker grounding: NCEM activated in Oman Oman to develop four industrial cities under Five-Year Development Plan 2026-2030 Saudi Arabia breaks into world’s top 10 for private AI investment: World Bank report Kuwait Petroleum Corporation posts three-year profit high of $6.9bln in FY 25/26 HSBC Private Bank appoints Feras Al Jaramani to lead its UAE Market UAE extends small business relief for corporate tax until December 2029 Saudi business sector surges with 46,900 new companies in 1H 2026 Solar power set for strong growth in Qatar

Log in

عربي

Media Centre

Home » Media Centre

Media Centre

Non-oil activities account for 52% of Saudi Arabia’s GDP in 2024, says finance minister

Non-oil activities account for 52% of Saudi Arabia’s GDP in 2024, says finance minister

Feb 04, 2025

The minister noted Saudi Arabia’s strong financial position, citing its low debt-to-GDP ratio

Read More...
Fitch affirms Saudi Arabia’s Credit Rating at ‘A+’ with a Stable Outlook

Fitch affirms Saudi Arabia’s Credit Rating at ‘A+’ with a Stable Outlook

Feb 03, 2025

Fitch projects that the Sovereign Net Foreign Assets will reach 63.7% of gross domestic product (GDP) in 2024-2025

Read More...
Kuwait's 2025-26 draft budget sees deficit of around $20.43bln, finance ministry says

Kuwait's 2025-26 draft budget sees deficit of around $20.43bln, finance ministry says

Feb 03, 2025

The draft budget for the fiscal year, which starts on April 1, sees oil revenues at 15.3 billion dinars

Read More...
Dubai Trade builds on next generation digital delivery order platform with TRADE+

Dubai Trade builds on next generation digital delivery order platform with TRADE+

Feb 03, 2025

Trade+ facilitates the digital exchange of cargo release documents between shipping lines, freight forwarders, consignees and other trade stakeholders, significantly accelerating the cargo release process

Read More...
Qatar Central Bank issues treasury bills worth $467mln

Qatar Central Bank issues treasury bills worth $467mln

Feb 03, 2025

The total bids received for QCB treasury bills amounted to $1.64bln

Read More...
Oman: National Economic Diversification Programme discussed

Oman: National Economic Diversification Programme discussed

Jan 30, 2025

The Council approved the minutes of its 10th meeting for the year 2024

Read More...
Dubai Centre for Family Businesses launches two toolkits

Dubai Centre for Family Businesses launches two toolkits

Jan 30, 2025

The first toolkit is titled ‘Using Genograms to Navigate Family Business Dynamics’

Read More...
Kuwait FM stresses importance of Gulf cooperation to tackle political, economic challenges

Kuwait FM stresses importance of Gulf cooperation to tackle political, economic challenges

Jan 30, 2025

Al-Yahya said that this meeting represents a prominent station in the path of cooperation and integration between the Council countries

Read More...
Saudi Arabia GDP grew 1.3% in 2024, govt estimate shows

Saudi Arabia GDP grew 1.3% in 2024, govt estimate shows

Jan 30, 2025

GDP growth surged 4.4% in the fourth quarter versus the same period a year earlier

Read More...