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Economy  ·  4 days ago

Saudi non-oil sector hits growth peak

Saudi Arabia's non-oil business activity reached a four-month high, driven by robust domestic demand and expansion in local markets. Despite a noted decline in export performance, the Riyad Bank Purchasing Managers’ Index reflects strong economic resilience. Analysts note this shift is crucial as the kingdom pivots its focus toward long-term diversification goals set under national development strategies.

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