Non-oil and government sector growth in Q2
The Kingdom of Saudi Arabia's real gross domestic product declined by 4.8% in the second quarter of the year, due to a slowdown in non-oil and government activities, despite the continued flow of tankers in the oil sector. Additionally, Arab Mills’ profits increased by 10%, reaching 59 million riyals during the same quarter, while the International Monetary Fund praised the Saudi Central Bank’s (SAMA) effective liquidity management.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)