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Saudi non-oil business activity continues expansion in May as PMI rises to 52.8
RIYADH: Saudi Arabia’s business activity expanded at the fastest pace for three months in May, with the Riyad Bank Purchasing Managers’ Index rising to 52.8 from the previous reading of 51.5. The latest survey, compiled by S&P Global, showed the Kingdom’s non-oil economy returning to firmer growth after softer conditions in March and April, with output supported by stronger domestic demand and the revival of previously delayed projects.
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arabnews.com
Saudi wholesale and retail trade revenues rise 7.3% in Q1: GASTAT
RIYADH: Saudi Arabia’s wholesale and retail trade revenue index rose 7.3 percent year on year in the first quarter of 2026, reflecting sustained strength in consumer spending and…
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Saudi non-oil business activity continues expansion in May as PMI rises to 52.8
RIYADH: Saudi Arabia’s business activity expanded at the fastest pace for three months in May, with the Riyad Bank Purchasing Managers’ Index rising to 52.8 from the previous…
