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IMF further boosts Saudi Arabia’s 2025 growth forecastThe International Monetary Fund (IMF) has further strengthened its positive outlook for the Saudi Arabian economy by revising its 2025 growth forecast upwards for the second time this year, a report said. In its April "World Econom More… |
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Saudi economy booming; surplus at decade-high: IMFThe Saudi economy is booming, spurred by high oil prices, a strong pick up in private investment and reform implementation, says a finding by IMF staff. The current account surplus has reached a decade-hi More… |
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Saudi economy to see positive growth this year: Moody’sSaudi Arabia’s economy will return to positive growth in 2021, and the current account level will return to surplus as the fiscal deficit shrinks in 2021, accompanied by a reduction in the level of debt in the medium term, said Moody&rsquo More… |
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Saudi economy to see positive growth this year: Moody’sSaudi Arabia’s economy will return to positive growth in 2021, and the current account level will return to surplus as the fiscal deficit shrinks in 2021, accompanied by a reduction in the level of debt in the medium term, said Moody&rsquo More… |
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Saudi economy set for rebound in 2021-2014: S&PHigher oil prices, an easing of Opec production quotas, and widespread vaccine rollout, will drive a rebound in Saudi Arabia’s economic growth in 2021-2024, said S&P Global Ratings in a new report. S&P Global Ratings More… |
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Saudi economy on path to recovery amid gradual oil price riseSaudi Arabia’s GDP fell 3.9 per cent y-o-y in the fourth quarter of 2020 as compared to 4.6 per cent y-o-y in Q3, indicating a recovery of the kingdom from the pandemic, according to Al Rajhi Capital, a leading provider of financial serv More… |
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Saudi economy shows healthy figures in NovemberSaudi Arabia’s key economic indicators look healthy, a report said, adding that the money supply (M3) expanded 11.6% y-o-y in November, supported by a rise in M1 and M2, increasing 13.0% and 12.4%, respectively. Credit to th More… |
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Saudi economy shows healthy figures in NovemberSaudi Arabia’s key economic indicators look healthy, a report said, adding that the money supply (M3) expanded 11.6% y-o-y in November, supported by a rise in M1 and M2, increasing 13.0% and 12.4%, respectively. Credit to th More… |
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Saudi reopening economy with positive results: ministerSaudi Arabia’s economy is recovering in arguably the most challenging of years for a century, said Mohammed Al-Jadaan, Minister of Finance and Acting Minister of Economy and Planning at the 15th virtual edition of the Euromoney Saudi Arabi More… |
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Saudi Arabia gradually eases economy: reportThe Saudi Arabian government has eased the economy after approximately two months, with gyms, restaurants and malls working with 50%-70% customers, said a report. However, the travel and tourism sector may take some time to revive More… |
