Titanium Media App reported on August 1, according to CCTV news, on July 31, local time, data released by the Saudi National Bureau of Statistics showed that the country’s GDP in the second quarter of 2022 increased by 11.8% compared with the same period last year. The Saudi National Bureau of Statistics said in a statement that GDP grew by more than 1.8% in the second quarter compared with the first quarter, while in the second quarter compared to the same period last year, the domestic non-oil industry saw a 23.1% rise in business activities in the oil industry. Business activity also rose 5.4%, and the value of government purchases of services also rose 2.2%. Data released by the Central Bank of Saudi Arabia shows that in June 2022, Saudi Arabia’s foreign exchange reserves also increased by 56.3 billion Saudi riyals (about 101.088 billion yuan) compared with the previous month, with a total of more than 1.750 billion riyals, which is higher than that of 6 last year. Month-end growth of 4%.
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