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SAUDI GDP GROWTH
To bring the world, sell India better: The $200 million fix India needs to unlock a tourism windfallIndia's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandem...
Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab DasRenewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, signif...
India may have found reliable trade route beyond Strait of Hormuz with Oman trade dealIndia's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ...
West Asia War: US-Iran draft 60 day-truce extension, all eyes on Trump nod, says US official; Tehran denies claimsA fragile ceasefire between the United States and Iran is reportedly extended for 60 days. Formal talks on Tehran's nuclear program are set...
A $2.89 trillion military surge signals the sharpest global arms buildup since WWIIThe surge in global military budgets is astonishing, with nations investing heavily in their defense capabilities in response to escalating...
US stock market crashes today: Dow Jones, S&P 500, and Nasdaq fall hard as bond yields hit 19-year high - Nvidia, Broadcom, AMD, and Amazon lead massive Wall Street selloffUS stock market crashes today as Dow Jones, S&P 500 and Nasdaq plunge. The Dow Jones Industrial Average dropped more than 237 points, while...
India's BRICS trade surges to $416 billion, but widening deficit raises policy imperative ahead of 2026 SummitIndia's trade with BRICS nations shows strong growth. However, a widening trade deficit is a major concern. Imports from BRICS are rising f...
'We help to de-risk the international economy': EAM Jaishankar highlights India's 17% contribution to global growthDuring his Caribbean tour, External Affairs Minister S Jaishankar highlighted India's role in "de-risking" the global economy. IMF data sup...
Pakistan says all options on table for funding, weighs strategic fuel reservePakistan is exploring various financing options, including Eurobonds and commercial debt, to replace a $3.5 billion UAE facility and bolste...
World Bank slashes 2026 Middle East growth forecast after energy sector turmoilThe World Bank has significantly lowered its 2026 growth projections for Middle Eastern economies. This comes as a direct result of the ong...
IMF ups Saudi Arabia's 2025 GDP growth forecast to 4% as oil output risesThe International Monetary Fund has brightened its 2025 economic outlook for Saudi Arabia, now pegging growth at 4 percent. This optimistic...
World Bank sees Saudi Arabia's economy contracting in 2023, MENA growth sharply lowerThe World Bank has revised its growth forecast for Saudi Arabia, expecting the country's economy to contract by 0.9% in 2023. This is due t...
Saudi economy could contract in 2023 following oil output cut: AnalystsThe kingdom's energy ministry said on Sunday the country would cut its oil output to 9 million barrels per day (bpd) in July from around 10...
Saudi Arabia economy grew 3.9% in Q1 boosted by non-oil activitiesNon-oil activities grew by 5.8% in the first quarter from a year prior, the General Authority for Statistics said, citing flash estimates, ...
Saudi Arabia GDP up 12.2% in second quarter, exceeding initial estimateThe second quarter growth figure exceeded a flash government estimate at the end of July of 11.8% GDP growth. The economy grew 2.2% from th...
Saudi Arabia's economy returns to growth after pandemic slumpThe data, which showed the economy growing 1.5% from a year ago, prompted economists to expect faster expansion in the second half of the y...
Saudi Arabia economy contracts 4.2% in Q3 year-on-yearThe "flash estimates" for quarterly gross domestic product did not have a breakdown on how the oil and non-oil sectors performed in the thr...