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Saudi non-oil PMI rises to six-month high in August

Saudi Arabia’s non-oil private sector momentum improved in August, with the Riyad Bank Saudi Arabia Purchasing Managers’ Index at 53.8 versus 53.1 in July, S&P Global reported.

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Saudi Arabia's non-oil private sector gains momentum in August, with the Riyad Bank Saudi Arabia Purchasing Managers' Index rising to 53.8 from 53.1 in July, its highest level in six months, S&P Global says.

Output growth accelerated and hiring strengthened as domestic demand remained resilient, wh…