RIYADH: Saudi Arabia’s economic diversification efforts and the robust expansion of the non-oil sector, in line with its Vision 2030, are set to drive significant economic growth in 2025, according to a recent analysis.
First Abu Dhabi Bank, in its latest report, predicts that Saudi Arabia’s non-energy gross domestic product will grow by 4.4 percent in 2025, up from 3.5 percent in the previous year. This forecast aligns with a similar projection from PwC, which also expects the non-oil economy to grow by 4.4 percent this year.
In January, the International Monetary Fund projected Saudi Arabia’s overall…
