Saudi business sector reports SAR 4.08 trln operating revenue in 2021: GASTAT
- Date: 28-Dec-2022
- Source: Argaam
- Sector:Economy
- Country:Saudi Arabia
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:
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The programme will boost the local business sector, help in the upskilling and development of employees, and increase investment avenues for the private sector.
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Aramco has record-breaking net income of $161.1 billion for 2022... a staggering 46.5% surge in its net income
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#ITBBerlin #SaudiArabia #Turkey #Travel #Hospitality
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Collaborating for better tourism experiences!
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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.
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https://bit.ly/3ZDXq4W
Via http://www.arabnews.com
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https://bit.ly/3ZDXq4W
Via http://www.arabnews.com
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https://flip.it/AuTaDX
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The Bühler Group supports Saudi Arabia’s aim to achieve national food security, considering also the international challenges impacting this vital sector.
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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/
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