5 Days
Source:
الاقتصادية
Saudi Arabia's short-term business revenues rise
Short-term business operating revenues in Saudi Arabia increased by 11.4% year-over-year in May, driven by a 38.7% rise in mining and quarrying activities. The manufacturing sector also saw a growth of 9.6%, along with wholesale and retail trade and vehicle repair, which increased by 3.6%. On a monthly basis, revenues rose by 2.9%, supported by a 10.2% increase in mining activity. However, building permits declined by 33.3% annually and 25.7% month-over-month.
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