Minister of Interior Maj. General Ibrahim Haidan discussed today, Wednesday, in the transitional capital Aden, with the Turkish Ambassador to the Republic of Yemen Mostafa Pollat aspects of bilateral cooperation in the areas of security.
Gold prices continued to rise, on Tuesday, near a record high, amid uncertainty regarding the US elections, and expectations of major central banks cutting interest rates.
Al-Ahli has secured a 2-1 victory over Qatari rival Al-Rayyan during the match that brought them together today, at Ahmed bin Ali Stadium in Doha, in the AFC Champions League Elite 2024-2025.
Saudi Arabia: Non-oil activities rise 3.4 percent in Q1 2024
[09/06/2024 02:12]
RIYADH-SABA
The General Domestic Production (GPD) in Saudi Arabia decreased with 1.7 percent compared to the first quarter of 2023, influenced by the retreat of oil businesses with 11.2
The General Authority for Statistics (GASTAT) released today its GDP and National Accounts First Quarter of 2024 report, where it revealed that real GDP decreased by 1.7% year-on-year. However, seasonally adjusted real GDP grew by 1.4% compared to the previous quarter.
According to the Saudi Press Agency (SPA) non-oil activities continued their upward trend, expanding by 3.4% year-on-year. Government activities also rose by 2.0% year-on-year. This diversification of the economy is a key pillar of Saudi Arabia's Vision 2030.
Non-oil activities now contribute a significant 50% of the GDP. This demonstrates the success of the vision's programs and reforms in fostering a more diverse and resilient economy, according to SPA.