19 Hrs
Source:
البلاد
_1777293978995_62445876.jpg&w=64&q=75){kind=small}
Bloomberg: Saudi Economy to Skip Contraction
A survey study by Bloomberg agency indicated that the Saudi economy may achieve positive growth this year of 0.6%, despite the recent escalation in the regional conflict, with strong growth expected at 6.1% in 2027. Oil exports were affected by clashes and attacks on pipelines, leading to a decline in production, but rising oil prices contributed to increased government revenues. The survey also projected that the UAE economy would grow by 0.1% this year and rise to about 7% in 2027, with oil shipments through the Strait of Hormuz reaching their highest level in six months.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)