UAE’s Non-Oil Sector Expansion in October Reflects Economic Confidence
by Arabian Post Staff -Dubai The UAE’s non-oil sector marked a robust expansion in October, driven by strong demand and increasing business confidence, a development that …
Tag: Nonoil
Abu Dhabi’s Economy Expands 4.1% Fueled by Non-Oil Growth
Economic data from Abu Dhabi shows a significant 4.1% growth in the emirate’s GDP for the second quarter of this year, driven largely by a …
UAE’s Non-Oil Sector Rebounds Strongly in August
The UAE’s non-oil private sector displayed robust growth in August, marking a notable recovery from previous slowdowns. The latest data reveals a significant uptick in …
Saudi Arabia’s Non-Oil Exports to GCC Surge to $2.9 Billion in May
Saudi Arabia’s non-oil merchandise exports to Gulf Cooperation Council (GCC) countries reached SR10.99 billion ($2.9 billion) in May 2024, marking a significant increase from SR8.43 …
Kuwaiti Non-Oil Sector Sees Slower Growth But Gains Momentum in Employment
Kuwait’s non-oil economy displayed a positive but moderated growth trajectory in June compared to May, according to the latest S&P Global Kuwait Purchasing Managers’ Index …
Saudi Arabia’s Trade Booms on Non-Oil Exports
Saudi Arabia’s trade surplus reached an impressive $11 billion in April, marking the highest point of 2024 so far. This surge is attributed to a …
Non-oil Activities Reached 50% of Saudi Arabia’s Real GDP in 2023
Non-oil activities in the Kingdom recorded their highest contribution to the Real GDP during the year 2023 at 50%, which is the highest historical level …