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Press Dossier   By Date  03/05/2025
Saudi Arabia’s real GDP grows 2.7% in Q1: GASTAT
Saudi Arabia’s economy saw annual growth of 2.7 percent in the first quarter of 2025, driven by strong momentum in non-oil activities as the Kingdom continues efforts to diversify away from hydrocarbons.
Saudi Arabia’s net FDI up 26%: GASTAT
Net foreign direct investment into Saudi Arabia reached SR22.1 billion ($5.89 billion) in the fourth quarter of 2024, representing a rise of 26 percent compared to the previous three months, newly released official data showed.
Saudi Arabia’s flynas Middle East’s fastest-growing airline from 2019-2024: report
Saudi low-cost carrier flynas’s capacity increased by 63 percent from 2019 to 2024, making it the fastest-growing airline in the Middle East region, according to an analysis.
Strong non-oil growth to support GCC economies amid OPEC+ cuts: IMF
Short-term gains in non-oil sectors are expected to help Gulf Cooperation Council countries offset the negative impact of prolonged OPEC+ crude production cuts, according to an International Monetary Fund analysis.
Peru keen to boost agricultural, food exports to Saudi Arabia, foreign minister says
Peru is seeking to boost exports of agricultural and food industry products to Saudi Arabia while leveraging the tax incentives and benefits available to foreign investors, a top official said.
PIF announces pricing of $1.25bn international sukuk offering
The Public Investment Fund on Thursday announced the pricing of a $1.25 billion sukuk offering, with the proceeds of the dollar-denominated offering to be used for PIF’s general corporate purposes.
Riyadh Air signs 11 deals to boost global reach and promote Saudi culture and hospitality
New Saudi airline Riyadh Air signed 11 strategic agreements this week it said will expand its global footprint, elevate the travel experience, and help promote the Kingdom’s culture and hospitality.
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