Saudi non-oil activity lifts Operating Revenues Index 6.1% in June

RIYADH: Saudi Arabia’s Operating Revenues Index saw an annual rise of 6.1 percent in June, supported by strong growth in manufacturing and financial and insurance activities, official data showed. According to preliminary results released by the General Authority for Statistics, this year-on-year growth was supported by a 16.9 percent expansion in both manufacturing and financial and insurance activities. The data points to continued momentum in Saudi Arabia’s broader economy as the Kingdom presses ahead with its Vision 2030 diversification agenda.

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