RIYADH: Saudi Arabia’s non-oil revenues rose by 6.6 percent in the second quarter of 2025 compared to the same period of last year, reaching SR149.86 billion ($39.96 billion). According to data from the Ministry of Finance’s quarterly budget performance report, this marks a key fiscal milestone, with non-oil revenues now accounting for 49.7 percent of total government income, up from less than 40 percent a year ago. Oil income fell by 28.76 percent during this period, totaling SR151.73 billion compared to SR213 billion a year earlier.

RIYADH: Point of sale transactions in Saudi Arabia reached SR15.6 billion ($4.16 billion) in the week ending Aug. 2, representing a 31.5 percent weekly rise, driven by increased…

RIYADH: Saudi Arabia’s non-oil revenues rose by 6.6 percent in the second quarter of 2025 compared to the same period of last year, reaching SR149.86 billion ($39.96 billion).…