Saudi Arabia's non-oil sector posts strong growth as PMI hits 60.2
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For decades, business growth has been understood as an upward and predictable line: more investment, more sales, more profits. But in the digital era, marked by automation, artificial intelligence and constant disruption, that model no longer guarantees success. Today, the most competitive SMEs do not grow incrementally, but exponentially... The post Nonlinear Growth Strategies for SMEs aparece primero en News de SMEs, Autonomous and Entrepreneu…
Strong non-oil growth in Saudi Arabia and Kuwait
Saudi Arabia’s non-oil private sector recorded its strongest performance in more than a decade in October, supported by rising new orders and faster hiring momentum. The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index rose to 60.2 last month from 57.8 in September. A PMI score above 50 represents growth, while a reading below 50 indicates contraction. The rate of improvement marks the second-fastest expansion since Septe…
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