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continued……… The Yemeni movement also expelled Saudi-backed forces from key cities along the Bab al-Mandab Strait, strengthening its control of the Red Sea. According to the General Authority for Statistics, real GDP in the last quarter (Q3) decreased by 20.4%, reflecting a decrease in oil activity compared to the corresponding period in 2025. Foreign investments in the kingdom, amid a modernization effort, also dropped significantly this year, when Saudi plans to build or renovate cities and host major conferences were halted.

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Sovereign Media · · Source

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continued……… The Yemeni movement also expelled Saudi-backed forces from key cities along the Bab al-Mandab Strait, strengthening its control of the Red Sea. According to the General Authority for Statistics, real GDP in the last quarter (Q3) decreased by 20.4%, reflecting a decrease in oil activity compared to the corresponding period in 2025. Foreign investments in the kingdom, amid a modernization effort, also dropped significantly this year, when Saudi plans to build or renovate cities and host major conferences were halted.

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