Saudi Arabia non-oil private sector growth strongest in over a decade

NAMPA / DPA

2025-02-04

Riyadh (dpa-AFX) -Saudi Arabia's non-oil private sector expanded at the quickest pace in over a decade in January, led by a substantial increase in new orders, survey results from S&P Global showed on Tuesday. The Riyad Bank purchasing managers' index (PMI) rose to 60.5 in January from 58.4 in December. A reading above 50 indicates expansion in the sector. New orders grew at the sharpest pace in just over 13-and-a-half years as accommodative eco......

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