Saudi non-oil private sector deteriorates in August after tax hike: PMI – Reuters
DUBAI (Reuters) – Business conditions in Saudi Arabia’s non-oil private sector deteriorated in August after signs of stabilization the previous month as demand was affected by a sharp increase in the value-added tax, a revealed an investigation Thursday.
FILE PHOTO: Cars drive past the King Abdullah Financial District in Riyadh, Saudi Arabia, November 12, 2017. REUTERS / Faisal Al Nasser
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