Riyadh, The Kingdom of Saudi Arabia's non-oil and government activities grew 4.4% and 3.6%, respectively, during the second quarter of this year, the Saudi Press Agency (SPA) reported. The Kingdom's Gross Domestic Product (GDP) contracted by 0.4 percent in the second quarter compared to the same period last year, attributed to an 8.5 percent decline in oil activities, according to data published by the General Authority for Statistics on Wednesday. Saudi Arabia's seasonally adjusted real gross domestic product grew 1.4 percent in the second quarter of 2024 compared to the previous three months, driven by non-oil activities. Source: Bahrain News Agency
Related Posts
Tunisia, Iraq Agree to Boost Tourism Cooperation and Investment
Tunisian Minister of Tourism Sofiane Tekaya and Iraqi Minister of Culture, Tourism, and Antiquities Ahmed Fakak Al-Badrani have agreed to strengthen cooperation in the tourism sector through the implementation of a set of training programs and the hol…
Oman LNG Signs Sale And Purchase Agreement with Japanese Firm JERA
Muscat, Oman LNG Company has signed an agreement for the sale and purchase of liquefied natural gas (LNG) with the Japanese firm, JERA.
The agreement sets forth the provision of up to 0.8 million metric tons of LNG annually from the Oman LNG industri…
QSE Index Drops 44.54 Points at Start of Trading
The general index of Qatar Stock Exchange (QSE) dropped 44.54 points, or 0.44 percent, at the beginning of trading on Tuesday, reaching 10,012 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in four sectors: I…