العربية
Business

Diversified Oil Export Routes Pave the Way for Strong Saudi Economic Recovery in 2027

As war reshapes energy flows across the region, the International Monetary Fund (IMF) is forecasting a strong recovery for Saudi Arabia's economy in 2027, with growth projected at 7.9 percent, driven by renewed momentum in production and exports as disruptions to shipping ease. Compared with Gulf economies more exposed to disruptions in transit through the Strait of Hormuz, this forecast rests on Saudi Arabia's diversified oil export routes, which help cushion the impact of the shock.

Read the full article at Asharq Al-Awsat English

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Business

IMF raises Saudi Arabia's growth forecast to 7.9% in 2027

The International Monetary Fund (IMF) has raised its forecast for Saudi Arabia's economic growth in 2027 to 7.9 percent, up from its previous projection of 5.5 percent issued last July, marking an increase of 2.4 percentage points, according to its October 2026 World Economic Outlook report.

Saudi Gazette