Saudi Arabia’s non-oil businesses kept their momentum in November, pushing forward with another month of expansion—even if the pace felt a touch less urgent than before.
The latest purchasing managers’ index reading showed the private sector still humming with growth, supported by steady output and confident operations. But beneath that forward motion, the tempo of new orders eased, signalling that companies may be shifting from sprint mode to a more measured stride.
Despite the softer inflow of fresh business, firms continued hiring and investing, encouraged by an outlook that remains broadly upbeat. The overall message: the kingdom’s non-oil engine is running strong, even if demand is no longer pressing the accelerator quite as hard.
