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In Q1, Saudi Arabia's non-oil activities saw a 2.8 percent annual increase

Tourism sector is expected to contribute $15.5 trillion to the global GDP by 2030

Brent crude futures saw a gain of 31 cents, equivalent to 0.4 percent, reaching $89.32 per barrel

The country achieved its most rapid economic growth in more than two years

The CBE's Monetary Policy Committee is scheduled to meet on May 23 to review the key interest rates

Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges

According to the report, the number of jobs in the sector will increase by over 23,500, reaching nearly 833,000

The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent

Investors fueled the increase as they continued to assess geopolitical concerns in the Middle East

The IMF expects growth to strengthen by 4.2 percent in 2025

The report predicts an 18.1 percent average annual headline inflation rate

The 2024 figure represents a 0.1 percentage point increase from the previous World Economic Outlook report in January