Economic relations between the Kingdom of Saudi Arabia and India have witnessed significant growth, with India emerging as the Kingdom’s second-largest trading partner and Saudi Arabia ranking fourth among India’s largest trading partners. In February 2019, Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, and Prime Minister officially visited India and emphasised the … Read more
The United Arab Emirates (UAE) non-oil foreign trade has reached heights, showcasing the country’s resilience and strategic economic diversification efforts. According to Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, the nation continues to break records in its non-oil trade, reflecting a robust recovery and growth trajectory. It reached an all-time high of … Read more
Riyadh: The Kingdom of Saudi Arabia’s non-oil exports, including re-exports, experienced a 4.4 per cent surge in February this year compared to the same month in 2023. According to a new report released by the General Authority for Statistics (GASTAT) on Wednesday, April 24, the total value of non-oil exports in February reached 21.86 billion Saudi riyals … Read more
The Kingdom of Saudi Arabia’s non-oil activities recorded their highest ever contribution to real gross domestic product (GDP) during 2023, at 50 percent. According to a statement by the Saudi General Authority for Statistics, the total non-oil economy reached 1.7 trillion Saudi Riyals at constant prices, driven by continued growth in investment, consumption and exports. … Read more
