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Economics/Financial Analysis News in Saudi Arabia

OPEC Member Countries Economy - September 2017
OPEC Member Countries Economy - September 2017 10/4/2017 - Inflation in Saudi Arabia posted -0.3% y-o-y in July, maintaining its notable easing since the beginning of the year due to the baseline effect, which could be a supporting factor for private consumpt...
OPEC Member Countries Economy - June 2017
OPEC Member Countries Economy - June 2017 6/27/2017 - The economy of Saudi Arabia expanded by 2.2% y-o-y in 4Q16, bringing GDP growth in 2016 to 1.7% y-o-y. Gross value added in the oil and gas sector posted a 4.6% y-o-y increase in 4Q16, while the non-o...
OPEC Member Countries Economy - May 2017
OPEC Member Countries Economy - May 2017 6/5/2017 - Inflation in Saudi Arabia posted a negative reading in March, similar to the first two months of the year, as a result of the increasing baseline effect in some public goods and energy prices in 2016....
OPEC Member Countries Economy - December 2016
OPEC Member Countries Economy - December 2016 1/17/2017 - The economy of Saudi Arabia expanded 1.4% y-o-y in 2Q16 with the gross value added in the oil sector growing 1.6% y-o-y and in the non-oil sector rising 0.4% y-o-y, according to the Saudi General Auth...
OPEC Member Countries Economy - November 2016
OPEC Member Countries Economy - November 2016 12/1/2016 - In Saudi Arabia, consumer price inflation posted 3.0% y-o-y in September, its lowest level since the beginning of the year. Growth in the non-oil private sector continued in October, though at a slowe...
Sabic Intent on Easing Reliance on Domestic Natgas
10/21/2016 - Petrochemicals giant Sabic is scouting for more overseas ventures to ease its dependence on domestic Saudi Arabian natural gas as it pushes ahead with its largest foreign investment with U.S. partner ...
OPEC Member Countries Economy - September 2016
OPEC Member Countries Economy - September 2016 9/21/2016 - In Saudi Arabia, the non-oil private sector continued its growth momentum in August, with the Emirates NBD Saudi Arabia PMI survey revealing notable increases in output and new orders, while job creat...
Saudi to Weigh Cancelling $20 billion of Projects
9/7/2016 - Saudi Arabia is intensifying efforts to shrink the highest budget deficit among the world’s biggest 20 economies, aiming to cancel more than $20 billion of projects and slash ministry budgets by a qua...
Saudi Arabia to Maintain Stable Petroleum Policies
5/8/2016 - Saudi Arabia's new energy minister said the world's largest crude exporter was committed to meeting demand for hydrocarbons from its customers and would maintain its petroleum policies. ...
Vision 2030 to Make Saudi Arabia a Model Country
4/25/2016 - Saudi Crown Prince Mohammed bin Nayef, Saudi King Salman, and Saudi Arabia's Deputy Crown Prince Mohammed bin Salman stand together after Saudi Arabia's cabinet agreed to implement a broad reform plan...
GCC could Become the World’s Sixth Largest Economy by 2030
3/21/2016 - Gulf Cooperation Council (GCC) could become the sixth largest economy in the world by 2030, hovering just below Japan, if is able to keep growing at an annual average of 3.2 per cent for the next 15 y...
OPEC Member Countries Economy
OPEC Member Countries Economy 11/24/2013 - Ecuador’s credit rating was increased one notch by Fitch Ratings on the outlook for faster economic growth amid increasing financial stability. Fitch raised the long-term foreign debt rating to B from...
Economic Diversification to Fuel GCC Growth
10/20/2013 - The GCC can expect to see robust economic growth over the medium term and successful diversification of its local economies, the global professional services firm, EY, stated in its recent Rapid-Growt...
OPEC Member Countries Economy in September 2013
OPEC Member Countries Economy in September 2013 9/28/2013 - Saudi Arabia’s PMI for August, published as the Saudi British Bank (SABB), signaled ongoing improvement in operating conditions at Saudi Arabia’s non-oil producing private sector firms. The gauge regi...
OPEC Member Countries Economy – May 2013
OPEC Member Countries Economy – May 2013 5/30/2013 - At first glance, last year was one of robust growth for OPEC Member Countries. Growth averaged about 5.3% in 2012 and is expected to continue at a somewhat slower pace in 2013 at around 4.2%. However,...
OPEC Member Countries Economy – April 2013
OPEC Member Countries Economy – April 2013 4/30/2013 - Saudi consumer price inflation is expected to remain manageable throughout the forecast period, in large part reflecting the maintenance of price subsidies on a range of basic goods, such as foodstuff...
OPEC Member Countries Economy – Feb 2013
OPEC Member Countries Economy – Feb 2013 3/10/2013 - The Central Department of Statistics and Information reported that the Kingdom of Saudi Arabia’s CPI (using a base year of 1999=100) is expected to remain manageable throughout the forecast period. Th...
Middle East Oil Demand in March 2012
Middle East Oil Demand in March 2012 3/28/2012 - Total Gasoline Diesel oil Fuel oil Saudi Arabia is the largest oil-consuming country in the region and also has the highest annual growth in the Middle East. Given its energy-intensive projects, Saudi...
OPEC Member Countries Economy – March 2012
OPEC Member Countries Economy – March 2012 3/22/2012 - Annual inflation in Saudi Arabia was flat at 5.3% in January, similar to that in December, the country’s Central Department of Statistics and Information said in a report. The government’s cost of liv...
Middle East Oil Demand in December 2011
Middle East Oil Demand in December 2011 2/20/2012 - Saudi Arabia is the largest oil-consuming country in the region and also has the highest annual growth. Given its energy-intensive projects, Saudi oil demand grew by more than 0.1 mb/d in 2011. The se...

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