TOP STORY

OPEC and IEA Agree on Something

IEA

The Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA), two of the leading global energy forecasters, have long disagreed on demand growth.  They agree on this however.

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TOP STORY

Saudi Non-Oil Activity reaches 50% of GDP as Economy Continues to Diversify

Vision 2030

Non-oil economic activity in Saudi Arabia contributed 50 percent to the Kingdom’s gross domestic product in 2023, the highest level ever, the Ministry of Economy and Planning said on Thursday.

The total non-oil economy was worth $453 billion at constant prices, driven by continued growth in investment, consumption and exports.

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