Non-oil business growth in Saudi Arabia accelerated for the second consecutive month in October, a survey showed, as new orders supported growth in overall activity that led to a significant rise in employment levels. The seasonally adjusted Riyad Bank Purchasing Managers' Index rose to 58.4 in October from 57.2 in September, well above the 50 level indicating growth and the highest reading since June.
The employment sub-index rose to a nine-year high of 54.5 in October from 52.0 in September.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
