Non-Oil Growth Drives Saudi Economic Expansion in Q2 ...Middle East

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Non-Oil Growth Drives Saudi Economic Expansion in Q2
Saudi Arabia’s economy expanded by nearly 4% in the second quarter from a year earlier, thanks to rising non-oil economic growth and the return of growth in the oil sector as the Kingdom is boosting its crude production.  Real gross domestic product (GDP) rose by 3.9% in the second quarter compared to the same period of 2024, thanks to 4.7% growth in non-oil activities and a 3.8% increase in the oil sector, according to flash estimates by the General Authority for Statistics released on Thursday.  The main driver of growth in real…

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