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Non-oil

Non-oil latest

Saudi oil revenues hit 18% peak in the second quarter of 2024
August 1st, 2024 - 05:36 GMT
Reema Tuqan

Reema Tuqan

Saudi oil revenues hit 18% peak in the second quarter of 2024

ALBAWABA - Saudi Arabia recorded a 18% peak in oil revenues for the second quarter of 2024. Non-oil revenues increased by 4%, compared to the same period in 2023. Saudi Ministry of Finance said in a statement issued on Wednesday that the kingdom’s budget deficit reached 15.341 billion riyals ($4.09 billion) in the second quarter of 2024. While the first quarter of 2024 recorded a deficit of 27.727 billion riyals ...
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In the GCC region, the non-oil sector in the GCC is expected to be the primary engine of growth in 2019.
April 18th, 2019 - 06:43 GMT

UAE's Real Estate Sector to Remain Weak Despite GDP Growth

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