S&P: Saudi Arabia's Non-oil Private Sector Maintains Growth Momentum in July

12:34 AM EDT, 08/04/2026 (MT Newswires) -- Saudi Arabia's non-oil private sector continued to expand at a solid pace as improved domestic demand drove a rise in new orders and output, while ongoing regional headwinds weighed on exports and business confidence, the Riyad Bank and S&P Global said Tuesday. The Riyad Bank Saudi Arabia PMI stood at 53.1 in July, down slightly from 53.3 in June. The latest reading reflected growth in the sector for the fourth successive month.