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Saudi Economy: Quarterly GDP Update 2014Q1 – Jadwa
Commerce & Finance | 07/31/2014

Saudi Economy: Quarterly GDP Update 2014Q1 – Jadwa

Latest economic growth data released by CDSI show a real economic growth of 4.7 percent, nearly 1 percentage point higher than in the same period of 2013. Growth was unchanged compared with the previous quarter and was more dependent on the oil sector as structural changes in the labor market continued to affect the non-oil economy. As a result, a number of leading non-oil sectors registered a slowdown in growth, yet their contribution to the overall economic growth remained robust.

Eid al-Fitr Observed
Religion | 07/28/2014

Eid al-Fitr Observed

King Abdullah and President Obama released statements on the conclusion of the holy month of Ramadan and the beginning of Eid Al-Fitr, the Feast of Breaking the Fast.

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