Saudi industrial output rebounds 10.4% in July

RIYADH: Saudi Arabia’s Industrial Production Index posted a monthly rise of 10.4 percent in July, driven by increases in mining and quarrying and manufacturing activities, official data showed. The Kingdom’s IPI stood at 101.5 in July, up from 91.9 points in June, according to preliminary results released by the General Authority for Statistics. The rebound highlights the resilience of Saudi Arabia’s industrial economy as the Kingdom accelerates efforts to expand manufacturing, mining and ot

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