INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Saudi exports leap up 40 percent to $6.2bn in June

  • Exports in June went up by 40 percent from a year ago
  • According to the Saudi Export Development Authority (Saudi Exports) the number in June includes exports of products worth SR21 billion

Saudi non-oil exports recorded a 40 percent jump, the highest-ever monthly level, in June 2021, touching $6.2 billion.

According to the Saudi Export Development Authority (Saudi Exports) the number in June includes exports of products worth SR21 billion, while the country made SR2.5 billion in re-exports of goods.

The statement said, “Exports in June went up by 40 percent from a year ago, when the country shipped exports with total value of SR16.8 billion.”

This year Saudi exports continued rising above the SR20 billion mark, the statement said. This comes at a time when the global economy is recovering from the pandemic, while the number of Saudi plants kept increasing beyond 10,000.