Sep 10, 2026
KSA This Week: HRDF jobs +23% to 329,000, non-oil PMI at a 6-month high
This week from the Kingdom: HRDF support helped employ 329,000 Saudis in the first half of 2026, the non-oil PMI climbed to a six-month high of 53.8, Qiwa documented more than 419,000 Saudi employment contracts in Q2, weekly consumer spending jumped 11.5% to $4.21 billion, banking-system assets reached $1.5 trillion, Nokia opened its first Riyadh R&D centre under 'Made in Saudi', and the non-oil economy kept growing as diversification deepened. Here is what matters for employers and businesses in Saudi Arabia.
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