{"id":1926096,"date":"2023-05-07T09:56:28","date_gmt":"2023-05-07T13:56:28","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/saudi-arabia-economy-grew-3-9-in-q1-boosted-by-non-oil-activities\/"},"modified":"2023-05-07T09:56:28","modified_gmt":"2023-05-07T13:56:28","slug":"saudi-arabia-economy-grew-3-9-in-q1-boosted-by-non-oil-activities","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/saudi-arabia-economy-grew-3-9-in-q1-boosted-by-non-oil-activities\/","title":{"rendered":"Saudi Arabia economy grew 3.9% in Q1 boosted by non-oil activities"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsaudi-arabia-economy-grew-3-9-in-q1-boosted-by-non-oil-activities%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1926096&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p> \t\t\t\t\t\t\tDUBAI (Reuters) -Saudi Arabia\u2019s economy grew by 3.9% year-on-year in the first quarter of 2023, according to initial government estimates of real gross domestic product published on Sunday.<\/p>\n<p> Non-oil activities grew by 5.8% in the first quarter from a year prior, the General Authority for Statistics said, citing flash estimates, while oil activities grew by 1.3%. Government services activities grew by 4.9%, it said. <\/p>\n<p>  \t    Advertisement  <\/p>\n<p>   However growth slowed compared to the fourth quarter of 2022, when GDP grew 5.5% year-on-year.<\/p>\n<p> Seasonally adjusted real GDP decreased by 1.3% in the first quarter of this year, compared with the previous quarter as a result of a decline in oil activities by 4.8%, the report said. <\/p>\n<p> The IMF says the Saudi economy grew 8.7% last year, but projects that Saudi GDP growth will more than halve to 3.1%, this year.<\/p>\n<p> Saudi Arabia last month said it would cut oil output by 500,000 barrels per day from May, part of further cuts by OPEC+ oil producers of around 1.16 million bpd. <\/p>\n<p>  (Writing by Lisa Barrington; Editing by Frances Kerry and Mike Harrison)<\/p>\n<p>  \t\t\t \t\t\t\t\t  \t\t\t\t\t\t\t\t\t\tThis week has been filled with major headlines in the U.S. and around the world. One America\u2019s Rachel Acenas has more in our Week in Review.<\/p>\n<p> \t\t\t\t\t\t\t\t\t  \t\t\t\t\t\t\t\t\t\tIt was a heavy news week between the deadly chokehold incident in New York City and the existential crisis at Fox News after the ousting of Tucker Carlson. Conservative host Bobby Eberle joins One America\u2019s Dana Alexa for another weekly news roundup.<\/p>\n<p> \t\t\t\t\t\t\t\t\t  \t\t\t\t\t\t\t\t\t\tIn the second part of an exclusive interview, Wisconsin Senator Ron Johnson tells One America News he no longer has faith or confidence in FBI Director Chris Wray or Attorney General Merrick Garland.<\/p>\n<p> \t\t\t\t\t\t\t\t\t  \t\t\t\t\t\t\t\t\t\tThe Arizona Supreme Court orders a trial court hearing Kari Lake\u2019s signature verification challenge to move forward while denying attorney fees.<\/p>\n<p> \t\t\t\t\t\t\t\t\t  \t\t\t\t\t\t\t\t\t\t(Reuters) -Google is planning to make its search engine more \u201cvisual, snackable, personal, and human,\u201d with a focus on serving young people\u2026 <\/p>\n<p> \t\t\t\t\t\t\t\t\t  \t\t\t\t\t\t\t\t\t\tSHANGHAI (Reuters) \u2013 China\u2019s industry ministry issued on Friday a series of draft technical standards including cybersecurity requirements for vehicles, with the\u2026 <\/p>\n<p> \t\t\t\t\t\t\t\t\t  \t\t\t\t\t\t\t\t\t\t(Reuters) -The U.S. Justice Department is investigating whether Binance Holdings was illegally used to let Russians skirt U.S. sanctions and move money\u2026 <\/p>\n<p> \t\t\t\t\t\t\t\t\t  \t\t\t\t\t\t\t\t\t\tBy Noel Randewich (Reuters) \u2013 Apple\u2019s stock surged nearly almost 5% on Friday, hitting a nine-month high and on track for its\u2026 <\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI (Reuters) -Saudi Arabia\u2019s economy grew by 3.9% year-on-year in the first quarter of 2023, according to initial government estimates of real gross domestic product published on Sunday. Non-oil activities grew by 5.8% in the first quarter from a year prior, the General Authority for Statistics said, citing flash estimates, while oil activities grew by<\/p>\n","protected":false},"author":66,"featured_media":1926097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[19810,5595,5364,13422,9168,16554,26086,6259],"class_list":["post-1926096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-3-9","tag-activities","tag-arabia","tag-boosted","tag-economy","tag-grew","tag-non-oil","tag-saudi"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1926096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1926096"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1926096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1926097"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1926096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1926096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1926096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}