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Arab countries’ crude steel production increased by 5.4% in February 2025

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According to the latest report issued by World Steel on crude steel production, Arab countries’ crude steel production in February reached 3.531 million tons, an increase of 5.4% compared to February 2024. Egypt topped Arab countries in steel production in February, with a production volume of 893.6 thousand tons, a 6.4% increase. Saudi Arabia followed

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$186.8 billion is the contribution of “building and construction” to the Arab economies

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The Arab Monetary Fund revealed that the construction sector in the Arab countries has recovered from the effects of the “Covid-19” pandemic, and the sector’s contribution to the GDP for the year 2021 amounted to about $186.8 billion, compared to $178.3 billion in 2020, with a growth of 4.7%. The Fund added, in a report,

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The rise in the GDP of the Arab countries in 2022, with Saudi Arabia in the lead

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The gross domestic product (GDP) at the current prices of the Arab countries is likely to rise by 21% this year to reach about $3.4 trillion, “representing 3.35% of the global economy,” compared to $2.81 trillion in 2021 “representing 2.92% of the global economy.” According to the monitoring unit of the reports in the “Al

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