INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

Saudi Arabia’s merchandise exports up 98 percent in April: GASTAT

The agreement is aimed at facilitating the purchase of domestically produced commodities from Saudi Arabia. (WAM)
  • The value of exports amounted to SAR137.1 billion ($36.53 billion) in April 2022, up from SAR69.3 billion in April 2021.
  • This increase was attributed mainly to oil exports, which rose by SAR60.5 billion or 123 percent in the same period.

Saudi Arabia’s overall merchandise exports increased by 98 percent in April 2022 compared to April 2021, according to General Authority for Statistics (GASTAT).

The value of exports amounted to SAR137.1 billion ($36.53 billion) in April 2022, up from SAR69.3 billion in April 2021. This increase was attributed mainly to oil exports, which rose by SAR60.5 billion or 123 percent in the same period.

According to the GASTAT’s just-released International Trade report for April 2022, non-oil exports (including re-exports) increased by 36.6 percent year-on-year in April 2022, rising to SAR27.4 billion from SAR20 billion in April 2021.

Merchandise imports increased by 11.2 percent (SAR5.6 billion) in April 2022. The value of imports amounted to SAR55.3 billion in April 2022 compared to SAR49.7 billion in April 2021.