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Press Dossier   By Date  06/05/2025
Saudi Arabia leads MENA startup funding in April with $158.5m
Saudi Arabia led startup funding across the Middle East and North Africa in April 2025, attracting $158.5 million across eight deals — accounting for more than two-thirds of the region’s total investment for the month.
Saudi Arabia’s non-oil sector growth continues in April as PMI hits 55.6
Saudi Arabia’s non-oil private sector continued to expand in April, with the Riyad Bank Purchasing Managers’ Index reaching 55.6, indicating sustained growth in business activity, a new survey showed.
Saudi bank lending hits $827bn in March, fastest growth in over 3.5 years
Saudi Arabia’s banking sector continued its robust lending expansion in March, with total credit reaching SR3.1 trillion ($827.2 billion), marking a 16.26 percent year-on-year increase.
Saudi Arabia posts $15.6bn budget deficit in Q1 with resilient non-oil growth
Saudi Arabia recorded a deficit of SR58.7 billion ($15.65 billion) in the first quarter of 2025, driven by declining oil revenues and increased spending to support Vision 2030 development initiatives, according to the Finance Ministry.
Closing Bell: Saudi main index closes in green at 11,422
Saudi Arabia’s Tadawul All Share Index rose on Monday, gaining 11.45 points, or 0.10 percent, to close at 11,422.95.
UAE, Kuwait, and Qatar sustain non-oil growth in April: S&P Global
The non-oil private sectors of the UAE, Kuwait, and Qatar continued their expansion in April, supported by strong demand, improving output, and stable employment conditions, according to the latest Purchasing Managers’ Index surveys released by S&P Global.
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