logo
Annual growth of Saudi – GCC non-oil trade surplus soars 203% in April

Annual growth of Saudi – GCC non-oil trade surplus soars 203% in April

Saudi Gazette10-07-2025
Saudi Gazette report
RIYADH — Saudi Arabia's non-oil trade surplus with other Gulf Cooperation Council (GCC) states recorded an annual growth of 203.2 percent during April 2025. This figure posted an increase of more than SR2 billion, reaching approximately SR3,511 million, compared to SR1,158 million in the same month last year, according to the preliminary data from the International Trade Bulletin for April 2025, issued by the General Authority for Statistics (GASTAT).
The report showed that the total volume of non-oil trade, including re-exports, between the Kingdom and the GCC countries amounted to approximately SR18,028 million, recording an annual growth of 41.3 percent, an increase of SR5,271 million, compared to SR12,757 million in April 2024.
Non-oil commodity exports, including re-exports, increased by 55 percent, reaching SR10,770 million, compared to SR6,958 million in April last year, an increase of more than SR3,812 million. Non-oil national commodity exports amounted to approximately SR3,031 million, compared to SR2,675 million during the same period in 2024, achieving an annual growth of 13.3 percent, an increase of SR356 million.
The value of re-exports also jumped by 81 percent, reaching SR7,738 million, compared to SR4,282 million in April 2024, a difference of SR3,456 million.
As for imports from Gulf countries, their value reached SR7,258 million, compared to SR5,799 million in April last year, achieving an annual growth of 25.2 percent, with an increase of SR1,459 million.
The data showed that the United Arab Emirates ranked first in terms of the volume of non-oil trade exchange with the Kingdom, with a value of SR13,533 million, representing approximately 75.1 percent of the total. Bahrain came in second place with a value of SR1,798 million (10 percent), followed by Oman with a value of SR1,454 million (8.1percent), while Kuwait in the fourth place with SR819.9 million (4.5 percent), and Qatar comes last with a value of SR422.1 million (2.3 percent).
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Saudi Arabia designates sites for seven new mining complexes
Saudi Arabia designates sites for seven new mining complexes

Saudi Gazette

time2 hours ago

  • Saudi Gazette

Saudi Arabia designates sites for seven new mining complexes

Saudi Gazette report RIYADH — The Ministry of Industry and Mineral Resources has announced the allocation of sites for seven mining complexes across the regions of Riyadh, Makkah, Asir, and Al-Baha, as part of its efforts to enhance transparency. According to ministry spokesperson Jarrah Al-Jarrah, the designated locations include four in the Riyadh region: the 'Tamir 2' complex in Al-Majma'ah (1.99 sq km), a site in Afif (10.38 sq km), the 'Tayri' complex in Rumah (37.88 sq km), and 'Dawadmi 6' (30.62 sq km). In the Makkah region, a site was allocated for the East Faydat Al-Musallam complex in Taif, covering 25 sq km. In Asir, the ministry expanded the Al-Hadbah and Al-Qurain complex in Bisha to reach a total area of 72.78 sq km. Meanwhile, in Al-Baha, a new complex was designated north of Wadi Al-Hijrah in Al-Hijrah governorate, covering 0.66 sq emphasized that establishing these mining complexes enhances governance across the sector, bolsters investor confidence, and prevents unauthorized encroachments on mining noted that the move supports environmental, health, and safety standards, and encourages local community participation in line with Saudi Arabia's Mining Investment mining complexes are expected to stimulate regional development by creating job opportunities for local residents, increasing local procurement, ensuring environmental compliance, and promoting sustainable development through rehabilitation and closure plans for mining sites.

Saudi municipalities crack down on unlicensed housing subdivisions
Saudi municipalities crack down on unlicensed housing subdivisions

Saudi Gazette

time2 hours ago

  • Saudi Gazette

Saudi municipalities crack down on unlicensed housing subdivisions

Saudi Gazette report RIYADH — The Ministry of Municipal and Rural Affairs and Housing has affirmed that municipal authorities across Saudi Arabia are continuing efforts to detect and address violations related to the unauthorized subdivision of residential properties intended for investment. The ministry emphasized its commitment to curbing irregular practices that bypass approved municipal permits, citing their negative impact on urban quality of life and neighborhood integrity. In a statement issued Monday, the ministry identified key violations such as subdividing housing units into smaller spaces, adding internal doors, and modifying exits through building setbacks all without the required licenses. These actions, it noted, pose risks to public safety, strain infrastructure and municipal services, and disrupt social and economic balance within communities. Municipal teams, with ministry support, are conducting field inspections across regions, in addition to acting on reports submitted through the "Balady" digital platform. The ministry operates an advanced monitoring system to detect violations and take appropriate legal action against offenders. Authorities clarified that penalties extend to all parties involved in violations, including advertisers, property owners, investors, and tenants. The ministry reiterated that altering housing units without official approval constitutes a clear violation, subject to fines of up to SR200,000. The ministry stressed the need to adhere to established urban regulations and warned against listing or renting subdivided units through online platforms without formal licensing from regional municipalities. Such unregulated practices, it said, compromise residential quality and urban planning goals. Residents and citizens are urged to report any related violations via the Balady app or by calling the unified number (940).

Qiddiya City unveils Nick Faldo-designed golf course
Qiddiya City unveils Nick Faldo-designed golf course

Saudi Gazette

time4 hours ago

  • Saudi Gazette

Qiddiya City unveils Nick Faldo-designed golf course

Saudi Gazette report RIYADH — Qiddiya City has taken a major step toward becoming the Kingdom's premier golf destination with the unveiling of a signature 18-hole championship golf course designed by Sir Nick Faldo, alongside a new global partnership with the Faldo Series, the world's leading youth golf development platform. The newly announced partnership makes Qiddiya City an official global partner of the Faldo Series, supporting Saudi Arabia's ambition to grow grassroots golf. The city will also serve as a host venue for future Faldo Series events, positioning itself as a regional hub for youth development in the sport. Set to open in 2026, the Faldo-designed course will be nestled dramatically against the 200-meter cliffs of the Tuwaiq Mountains and will feature a range of innovative and accessible elements, including a unique '3-hole return' layout that allows players of all levels to engage with the sport on their own terms. A state-of-the-art clubhouse, driving range, and golf academy will follow in 2028. 'This partnership with Sir Nick Faldo and the Faldo Series underscores our commitment to growing the game of golf and nurturing the next generation of Saudi golfers,' said Abdullah Aldawood, Managing Director of Qiddiya Investment Company. 'Qiddiya City is not just building courses—it's building a community and an ecosystem around sport and play.'Sir Nick Faldo, a six-time major champion, praised the collaboration: 'This is a unique opportunity to be involved in one of the most exciting cities being developed today. Qiddiya City fuses city life with sport, entertainment, and culture—making it the perfect partner for the Faldo Series.'Designed to meet global tournament standards while remaining inclusive, the floodlit course will offer an optimal playing experience for professionals and amateurs learning pathways and golf entertainment features are being built into the academy to engage newcomers and elevate the overall player course will be anchored by an iconic clubhouse and academy complex designed by Patterson' both sustainability and wellness, the green-roofed facility will house three interconnected zones: a Golf Clubhouse, a Social Wellness Hub, and a state-of-the-art Golf will include indoor and outdoor pools, fitness and wellness centers, social lounges, and dining options. The complex is expected to attract over 200,000 annual just 40 minutes from Riyadh, Qiddiya City spans 360 square kilometers and is the world's first city built for play. Its ambitious masterplan includes more than 20 districts centered around entertainment, sports, and culture, featuring major projects like the Prince Mohammed bin Salman Stadium — set to host events during the 2034 FIFA World Cup — and the Mercedes AMG World of Performance, as well as a performing arts center and motorsports arena.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store