Business Optimism in Saudi Arabia Falls Slightly in July

03:10 AM EDT, 08/09/2026 (MT Newswires) -- Saudi Arabia's business confidence index stood at 56.5 points in July, down from 56.6 points in June, data from the General Authority for Statistics showed Sunday. The monthly change in confidence was 0.05% lower, compared with a 1.8% increase earlier. The statistics agency noted that the reading reflected positive business sentiment, with enterprises remaining confident in both economic stability and broad-based sectoral growth.