Riyadh, Saudi Arabia -- The Saudi EXIM Bank has given credit facilities amounting to SAR16.5 billion ($4.455 billion), surpassing the planned target of SAR12.4 billion ($3.348 billion) by 33%. They represented 5.2% of the total credit facilities for non-oil exports in the Kingdom. Saudi EXIM Bank disbursed a total of...
Saudi Arabia’s trade surplus remains stable at $26bn
Riyadh, Saudi Arabia - Saudi Arabia's trade surplus remained stable at SR97 billion ($25.8 billion) in the fourth quarter of 2023 sustaining a level comparable to the previous quarter. According to recent data from the General Authority for Statistics (GASTAT), the trade surplus in December 2023 was SR39 billion ($10.4...
UAE, Armenia non-oil trade reaches $1.53bn in 2022
Yerevan, Armenia – Non-oil trade volume between the UAE and Armenia reached $1.53 billion in 2022, with a growth rate of 673 percent compared to 2021, the UAE news agency Wam reported on Friday. The total UAE non-oil exports to Armenia amounted to almost $229 million in 2022, with a...
Saudi crown prince unveils National Industrial Strategy
The strategy aims to diversify the kingdom's economy and increase GDP and non-oil exports by promoting industry and attracting investment.Saudi non-oil exports hit $21 billion in the first quarter of 2022
Saudi Arabia’s non-oil exports in the first quarter of 2022 reached 77.8 billion riyals ($21 billion), growing nearly 29 percent year on year. According to Saudi General Authority for Statistics, the non-oil exports, however, decreased compared to the previous quarter (Q4 2021) by SAR 4.4 billion or 5.4 percent. Overall...
Saudi non-oil exports jump 31 percent
The exports were driven mainly by chemical products which jumped 80 percent year-on-year with a share contribution to total non-oil merchandise exports of 35.7 percent.Iran non-oil export reaches $27b in 7 months
The deputy minister Mehdi Sadeqi Niaraki argued that production growth is one of the main strategies to develop the Islamic Republic, adding that the Statistical Centre of Iran and the Central Bank of the Islamic Republic of Iran have announced in a different report 5.5 percent and 6.1 percent production...
Iran ups non-oil exports by 50% in Q1
Iran’s non-oil exports rose by 50% in the first quarter of the current Iranian year, its Minister of Industry, Mines and Trade Alireza Razm Hosseini said The latest Iranian new year started on March 21, and the numbers Razm Hosseini gave are from the first three months since then Iran’s...
