Non-oil sector continues strong growth for the eighth straight month
Private-sector activity expands as new investment and tourism revenues lift the wider economy.
The non-oil sector recorded its eighth consecutive month of growth, driven by rising private-sector output, robust consumer demand and a steady inflow of investment into tourism, logistics and technology.
Analysts say the figures point to a structural shift in the economy, with non-oil activity now accounting for a growing share of overall output and employment.
Diversification is no longer a target on paper; it is visible in the numbers month after month.
Officials highlighted that the expansion was broad-based, spanning manufacturing, retail, hospitality and professional services rather than being concentrated in a single industry.
What is driving the momentum
Economists expect the trend to continue as major projects come online and the regulatory environment keeps improving for entrepreneurs and foreign investors alike.