Goldman Sachs report says Saudi Arabia will invest $1tn in non-oil economy as part of “capex super-cycle”
Non-oil GDP
Latest in Non-oil GDP
GaStat
Saudi GDP falls 1.7%, non-oil activity climbs 3.4%
Saudi Arabia’s General Authority for Statistics says non-oil activities now contribute a significant 50 per cent of GDP
Non-oil economy
Saudi Arabia’s non-oil GDP contribution hits record 50% in 2023 as economy diversifies
In real terms, the contribution of the non-oil sector amounted to SAR 1.7 trillion, the analysis by the Saudi Ministry of Economy and Planning revealed
Bahrain
Bahrain’s economy records 2.45% growth in Q3 2023
The GDP at constant prices reached BD3,387.82 million in the third quarter of 2023, up from BD3,306.71 million in the same period in 2022
GDP
UAE GDP growth to double in 2024: report
UAE GDP will reach 4.8% next year according to a report by ICAEW
Bahrain
Bahrain GDP grows 2 per cent
Bahrain’s non-oil sector drives growth, transport and telecommunications growing at fastest rate
Abu Dhabi
Non-oil economy contributes 53.7% to Abu Dhabi’s Q2 GDP of $78.15 billion
Statistics Centre – Abu Dhabi estimates show a 12.3% growth of non-oil economy; GDP rises 3.5% to its highest-ever mark
Abu Dhabi Commercial Bank
ADCB, Emirates Development Bank partner on credit guarantee scheme
A MoU was signed to boost financial inclusion of small-to-medium sized enterprises
Non-oil GDP
Saudi Arabia’s oil production rose by 20 percent in eight months
Daily barrels reached around 10.5 million barrels in the Kingdom, higher by 1.8 million daily barrels compared to the same period last year
Abu Dhabi non-oil foreign trade
UAE’s non-oil foreign trade rises to $136 billion in Q1 2022 for the first time in the nation’s history
Gold topped the list of leading commodities in the UAE’s non-oil foreign trade, accounting for AED 84.4 billion or 17 percent of the country’s total non-oil foreign trade
Kuwait economy
Kuwait allocates $65bn for projects across sectors
The projects include 14 major public projects with a total value of approximately $59bn and four partnership projects worth nearly $3.2bn
Non-oil GDP
Sharjah’s non-oil GDP exceeds $24bn in 2018
Sharjah Economic Development Department report says non-oil sectors account for 91.9% of the emirate’s total GDP
Abu Dhabi
Abu Dhabi GDP grows 9% to reach $60.87bn in Q1 2018
Non-oil GDP accounted for 61.2 percent of the total GDP, compared to 64.2 percent in the same time period last year