Riyad Bank

Saudi PMI hits 59 in November as non-oil sector grows 

Saudi PMI hits 59 in November as non-oil sector grows 

  • Business activity saw its sharpest rise in 16 months, with firms linking the surge to stronger demand, higher customer volumes, and successful marketing campaigns
  • Employment growth also surged, with companies expanding their workforce at the second-fastest pace in over a decade, driven by the need to manage rising workloads
By SYED AMEEN KADER ·