Story thread · 5 reports / 5 sources

Saudi business confidence rises to 56.7 as industry, services optimism strengthens

arabnews.com · 5dShare

RIYADH: Saudi Arabia’s Business Confidence Index rose to 56.7 in August, up from 56.5 in July, driven by continued optimism in the Kingdom’s non-oil economy, official data showed. The index held firmly above the 50-point neutral threshold, underscoring that companies remain optimistic about economic conditions and expect continued growth across various sectors, according to the General Authority for Statistics. The sustained momentum in the BCI comes as Saudi Arabia presses ahead with its Visi

First report: Business confidence hits two-year high ahead of Budget — cityam.com, 8d