Saudi business sector reports SAR 4.08 trln operating revenue in 2021: GASTAT
- Date: 28-Dec-2022
- Source: Argaam
- Sector:Economy
- Country:Saudi Arabia
- Who else needs to know?
Saudi business sector reports SAR 4.08 trln operating revenue in 2021: GASTAT
Operating revenue of Saudi Arabia’s business sector increased 26% year-on-year (YoY) to SAR 4.08 trillion in 2021, according to data by the General Authority for Statistics (GASTAT).
These results reflected the recovery of the business sector from the multi-dimensional COVID-related repercussions on economic activities. This supported a rebound to exceed the pre-pandemic levels in 2019, while overcoming challenges faced in 2020.
Manufacturing industries were the top revenue-generating activities in 2021, recording SAR 1.10 trillion. Mining and quarrying followed with over SAR 909 billion, while wholesale and retail came next, as indicated below:
PIF launches three new initiatives to support private sector in Saudi Arabia | Arab News https://www.arabnews.com/node/2268351/business-economy
The programme will boost the local business sector, help in the upskilling and development of employees, and increase investment avenues for the private sector.
https://gulfnews.com/business/saudi-arabias-pif-unveils-new-initiatives-to-boost-private-sector-growth-1.94460311
Saudi Economy Ministry, Mukatafa sign MoU to help private sector align with Vision 2030 | Arab News https://www.arabnews.com/node/2267051/business-economy
The total value of real estate projects across GCC is worth $1.36 trillion, with Saudi Arabia accounting for the majority of work – approximately 64.5%, which equates to $877 billion in projects
#GCC #Markets #economy
#business #nsrassociates https://tinyurl.com/2gcg8pps
Saudi Aramco Reports Blowout Annual Profit On "Strong Crude Oil Prices"
Aramco has record-breaking net income of $161.1 billion for 2022... a staggering 46.5% surge in its net income
Trudeau can't make a business case for developing our resource sector
https://www.zerohedge.com/commodities/saudi-aramco-reports-blowout-annual-profit-strong-crude-oil-prices
#Saudi Economy Ministry (@MEPSaudi), @mukatafadvocacy sign MoU to help private sector align with @SaudiVision2030
Read more: https://arab.news/vdvwh
Saudi ICT sector hits $41bn, Internet speed doubled - Arabian Business https://ift.tt/1eiOt4P
Great to see Minister @MehmetNuriErsoy of Turkey and @Saudi_Airlines CEO, H.E. Eng. Ibrahim Alomar discussing best practices to enhance visitor journey & ease of doing business in #tourism sector.
Collaboration is key!
#ITBBerlin #SaudiArabia #Turkey #Travel #Hospitality
Minister of Culture and Tourism of The Republic of Türkiye @MehmetNuriErsoy joined me for a tour of the #Saudi pavilion @ITB_Berlin and we discussed best practice as we strive to improve both the ease of doing business and the visitor journey within the #tourism sector.
Collaborating for better tourism experiences!
Minister @MehmetNuriErsoy of #Turkey joins me for a tour of the #Saudi pavilion at @ITB_Berlin. Discussed best practices to improve visitor journey & ease of doing business in the #tourism sector.
Exciting times ahead!
#SaudiArabia
Looking to expand your business and invest in a sustainable growth opportunity? Consider the logistics and transportation sector in Saudi Arabia! Don't miss out on this opportunity to achieve sustainable growth for your business!
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#Saudi
Minister of Culture and Tourism of The Republic of Türkiye @MehmetNuriErsoy joined me for a tour of the #Saudi pavilion @ITB_Berlin and we discussed best practice as we strive to improve both the ease of doing business and the visitor journey within the #tourism sector.
Belize Reviews Its Investment Opportunities with Saudi Business Sector.
https://www.spa.gov.sa/w1866698
#SPAGOV
Zero means Zero. Warning to anyone with a fiduciary responsibility to the oil & gas sector. Relational risk will likely be career suicide. #saudi #aramco #oilandgas #decarbonization
Saudi Arabia’s wealth fund plans to kick off investor meetings for the IPO of oil and gas driller ADES as soon as this month, sources say https://trib.al/etbV8OK
Saudi non-oil private sector growth accelerates as PMI hits 8-year high in February
#SaudiArabia #Business #Economy
#MiddleEast
https://bit.ly/3ZDXq4W
Via http://www.arabnews.com
Saudi non-oil private sector growth accelerates as PMI hits 8-year high in February
#SaudiArabia #Business #Economy
#MiddleEast
https://bit.ly/3ZDXq4W
Via http://www.arabnews.com
From giga-projects to eco-friendly #tourism, there's something for everyone in Saudi Arabia. Find out why Saudi Arabia is the new authentic experience on the tourism landscape. // @VisitSaudi
https://www.business-reporter.co.uk/management/why-saudi-arabias-tourism-sector-is-emerging-as-the-global-investors-destination-of-choice
Saudi non-oil private business sector at highest level in 8 years
https://flip.it/AuTaDX
Saudi Arabia's non-oil private sector is experiencing a resurgence, with the pace of expansion hitting an eight-year high, as per the latest report by S&P Global.
https://foreignbuzz.com/2023/03/rising-demand-sparks-booming-business-activity-in-saudi-arabias-non-oil-sector/
#SaudiArabia's non-oil business sector activity soared to its highest level in eight years in February, a survey showed on Sunday, based on a strong increase in demand and an optimistic economic outlook.
https://www.saudiarabiabreakingnews.com/post/saudi-non-oil-business-activity-surges-in-february-on-strong-demand-pmi
The Bühler Group supports Saudi Arabia’s aim to achieve national food security, considering also the international challenges impacting this vital sector.
@Buhler_Group #SaudiArabia #FoodSecurity #food #security
https://www.foodtechbiz.com/business-updates/bhler-supports-saudi-arabias-national-food-security-goals
The Saudi non-oil private business activity recorded the highest level in February in eight years, thanks to a strong increase in demand and an optimistic economic outlook. https://en.aswaqpress.com/saudi-non-oil-private-sector-reaches-highest-level-in-8-years/
Saudi non-oil private business sector at highest level in 8 years
#Saudi non-oil private business sector at highest level in 8 years
Saudi non-oil business activity surges in February on strong demand-PMI
Saudi Arabia's non-oil business sector activity soared to its highest level in eight years in February, a survey showed on Sunday, based on a strong increase
#SaudiArabia
https://reut.rs/3ZuoC6M
“Saudi Arabia's non-oil business sector activity soared to its highest level in eight years in February, a survey showed on Sunday, based on a strong increase in demand and an optimistic economic outlook.”
https://www.reuters.com/world/middle-east/saudi-non-oil-business-activity-surges-february-strong-demand-pmi-2023-03-05/