Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Saudi and Kuwaiti non-oil sectors grew in February, but rising costs and regional tensions disrupted energy markets.
Saudi Arabia’s non-oil private sector expanded in February, with the Riyad Bank PMI at 56.1, slightly down from January but still above the 50 threshold.
Growth was driven by strong domestic demand and new project approvals, though staff cost inflation hit a record high since 2009.
Regional tensions, including Iran’s strikes and a Strait of Hormuz attack, disrupted shipping, spiked oil prices above $82 a barrel, and caused LNG export halts, raising global energy concerns.
Kuwait’s non-oil sector saw its strongest growth in 15 months, with the PMI rising to 54.5, fueled by rising orders, improved supplier delivery times, and high business confidence, though input costs climbed and backlogs grew.
Los sectores no petroleros saudíes y kuwaitíes crecieron en febrero, pero el aumento de los costos y las tensiones regionales perturbaron los mercados energéticos.