The India Meteorological Department projected seasonal rainfall at 92% of the long-period average (LPA), below its benchmark range for normal precipitation. The monsoon, which typically spans June to September, provides nearly 70% of the country’s annual rainfall and is critical for farming and water supplies.

M. Ravichandran, secretary in the Ministry of Earth Sciences, said the forecast reflects evolving climate conditions, while IMD Director-General Mrutyunjay Mohapatra noted that weak La Niña-like conditions are transitioning to neutral patterns, with a high likelihood of an El Nino developing after June.

El Niño events are typically associated with hotter and drier weather across South and Southeast Asia and have historically coincided with weaker monsoons in India, sometimes triggering drought conditions and crop losses.

However, Mohapatra said a potential positive phase of the Indian Ocean Dipole later in the season could partially offset rainfall deficits by strengthening precipitation in the latter half of the monsoon.The initial forecast of 92% of the LPA is the lowest in nearly three decades, with an updated outlook expected in late May.

Economists warned that weaker rainfall, combined with global energy and commodity disruptions linked to the Middle East conflict, could weigh on India’s economic outlook. Aditi Nayar said the developments pose downside risks to GDP growth for the 2026–27 fiscal year and could push inflation above 4.5%, compared with 3.4% recorded in March.

The government has projected economic growth between 6.8% and 7.2% for the current fiscal year, but agricultural performance remains a key variable.Lower rainfall could also reshape trade flows.

India, the world’s largest exporter of rice and onions and a major sugar producer, may curb exports if crop yields fall. At the same time, reduced domestic oilseed output could increase reliance on imported edible oils from countries such as Indonesia, Malaysia, Argentina and Brazil.

The monsoon outlook is closely watched by policymakers and markets alike, given its broad impact on rural incomes, food prices and overall economic stability.

Employment among Saudi women in the private sector has exceeded one million for the first time, marking a significant milestone in the Kingdom’s labor market transformation under Saudi Vision 2030, according to analysis by Al Eqtisadiah.

The rise in female employment comes alongside a broader decline in unemployment, which fell by 0.3 percentage points to 7.2 percent in the fourth quarter of 2025. The figure brings the Kingdom closer to its Vision 2030 target of 7 percent, a threshold first reached in late 2024 before fluctuating through 2025.

Labor market gains have been underpinned by sustained economic growth, particularly in non-oil sectors, supported by government spending and expansionary fiscal policies. Analysts attribute job creation largely to private sector expansion and structural reforms aimed at increasing workforce participation among Saudi nationals.

Female employment has been a central driver of this shift. Prior to the launch of Vision 2030, unemployment among Saudi women stood at 34.5 percent, significantly contributing to overall joblessness. By the fourth quarter of 2025, female unemployment had declined to 10.3 percent, its lowest level since official records began in 1999.

At the same time, female labor force participation rose by 0.8 percentage points to 34.5 percent, exceeding the Vision 2030 target. Male participation also increased, reaching 64.7 percent. However, male unemployment edged up slightly to 5.6 percent, indicating a divergence in labor market dynamics across genders.

Overall unemployment, which includes both citizens and expatriates, rose marginally by 0.1 percentage points to 3.5 percent. This increase was driven by a rise in non-Saudi unemployment, which reached 1.7 percent.Economic indicators suggest that employment growth is closely tied to broader macroeconomic performance.

Saudi Arabia’s gross domestic product expanded by 5 percent year-on-year in the fourth quarter of 2025, marking the fastest pace in four quarters and the eighth consecutive quarter of growth. The oil sector recorded a 10.8 percent increase, its strongest expansion in over three years, supported by higher production levels.

The non-oil sector maintained steady growth of 4.3 percent for the 20th consecutive quarter, reinforcing its role as a key pillar of economic diversification. In contrast, the government sector contracted by 1.2 percent, its first decline in more than two years.

Within the private sector, employment gains among Saudi nationals have been substantial. A total of 811,000 jobs were added over the period, including approximately 533,000 positions filled by women and 278,000 by men. As a result, total Saudi employment in the private sector rose to 2.55 million, representing a 52 percent increase.

Women accounted for 66 percent of new jobs created for Saudi citizens in the private sector, highlighting their growing role in the workforce. The increase reflects a series of policy reforms aimed at improving access to employment opportunities and reducing structural barriers.

Key measures have included lifting restrictions on women’s participation across multiple industries, advancing wage equality, and updating maternity regulations. Authorities have also introduced targeted programs to support female employment, including training initiatives, childcare services, and policies designed to enhance workplace inclusion.

Mobility reforms, including the lifting of restrictions on women driving, have also contributed to increased workforce participation by improving access to jobs. In parallel, government initiatives have encouraged private sector firms to hire more women, aligning corporate practices with national employment objectives.

The expansion of female employment has had a measurable impact on the overall labor market, contributing to a sustained decline in unemployment among Saudi nationals. Analysts note that continued progress will depend on maintaining economic growth, particularly in non-oil sectors, and further integrating women into emerging industries.

The data indicates that structural changes in the labor market are gaining traction, with female participation emerging as a key factor in achieving broader economic goals.

The U.S. Senate’s progress toward passing a funding bill to end the 40-day shutdown sparked a positive wave throughout global financial markets. Investors welcomed the news as a sign of political stability and economic reassurance, boosting confidence in both short-term and long-term growth.

Wall Street reacted immediately, with Nasdaq futures jumping 1.5% and S&P 500 futures rising 0.9%, signaling a strong start for the trading week. The optimism reflected investors’ belief that the U.S. economy would soon regain momentum once the government resumes full operations.

European shares also joined the rally, with the STOXX 600 index climbing 1.4%, led by a sharp rise in Diageo’s stock following the appointment of a new CEO. The upward movement reflected growing trust in global corporate strength and leadership transitions that support market resilience.

Analysts described the Senate’s action as a “turning point” that could help stabilize both domestic and international markets. Global investors viewed this development as an indication that policymakers are aligning efforts to ensure fiscal continuity and economic balance.

In Asia, the positive mood carried over as China’s CSI300 index closed up 0.4% and Hong Kong’s Hang Seng Index rose 1.6%, reversing early losses. Improved economic data from China, showing easing deflation and stronger consumer prices, added to the overall global market optimism.

The U.S. 10-year Treasury yield edged higher to 4.13%, signaling investor confidence in long-term stability. Bond markets reflected a “risk-on” sentiment, as traders moved toward equities while still maintaining allocations in quality fixed-income assets for diversification.

Meanwhile, gold prices surged by 2.5%, hitting a two-week high at $4,097 an ounce. The precious metal benefited from expectations of a Federal Reserve rate cut, weaker economic data, and a softer U.S. dollar. Despite volatility, the market mood remained clearly optimistic.

Economic advisors pointed out that a resolution to the shutdown would likely restore consumer sentiment and prevent negative GDP growth. The reopening of federal operations is expected to boost employment confidence and encourage stronger consumer spending during the upcoming holiday season.

Experts at UBS Global Wealth Management suggested that investors should maintain a balanced portfolio by combining equities, bonds, and commodities. They emphasized that AI and technology-driven sectors continue to present transformational growth opportunities for investors seeking long-term returns.

In currency markets, the U.S. dollar strengthened slightly, regaining ground after last week’s losses. It rose 0.44% against the yen, trading at 154.11, while remaining steady against the euro and sterling. Traders remain cautiously optimistic about the Fed’s policy path, with markets pricing in a 63% chance of a December rate cut.

Oil markets also experienced gains, with Brent crude climbing to $63.92 per barrel and U.S. crude at $60.02. The rebound in oil prices underscores expectations of renewed energy demand once U.S. government operations resume and infrastructure projects regain pace.

Investors globally are viewing this period as a chance to rebuild market momentum and confidence. The potential end of the U.S. shutdown has not only strengthened Wall Street but also ignited optimism across Asia-Pacific and European economies.

As global trade, manufacturing, and finance sectors recover from weeks of uncertainty, the coordinated market rebound reflects a shared belief in economic resilience and policy progress. The global rally demonstrates that optimism and collaboration can restore balance even after prolonged disruptions.

The world’s financial landscape now stands at a hopeful crossroads. With political stability returning and the U.S. government nearing full reopening, the outlook for global economic growth appears brighter than ever.

The event, which saw the signing of 28 agreements and memoranda of understanding worth over SR3.6 billion ($960 million), underscores the Kingdom’s growing role as a global leader in sustainable agriculture and environmental innovation.

Held at the Riyadh International Convention and Exhibition Center, the four-day exhibition features nearly 450 companies and organizations from 34 countries, including 11 national pavilions.

The event serves as a vibrant platform for showcasing cutting-edge technologies in plant, animal, and fish production, aligning with the Saudi Vision 2030 goals of achieving food self-sufficiency, promoting sustainable practices, and enhancing the Kingdom’s agricultural competitiveness.

In his opening remarks, Minister Al-Fadley emphasized the significance of agricultural innovation in achieving environmental sustainability, water preservation, and food security.

He noted that the record-breaking number of agreements signed reflects the confidence of local and international investors in the Kingdom’s agricultural sector, which continues to expand through strategic investments and advanced research.

Prince Saud bin Turki Al-Faisal, chairman of the board at Riyadh Exhibitions Co., highlighted the event’s growing influence, describing it as “a vital global platform for exchanging expertise, forging partnerships, and advancing sustainable agricultural practices.”

He added that global environmental challenges call for innovative solutions and collaboration between nations to safeguard natural resources and ensure a resilient future for food production.

Following the inauguration, Minister Al-Fadley toured various pavilions, exploring the latest advancements in livestock management, aquaculture, organic farming, food processing, agricultural machinery, and biotechnology.

He praised the exhibitors for their contribution to transforming agriculture into a high-tech, eco-conscious industry that supports both local farmers and international trade.

The exhibition’s first day saw the signing of 28 strategic agreements among public, semi-governmental, and private entities aimed at enhancing agricultural investments, supporting startups, and driving innovation in the sector.

Several international partnerships were also announced, focused on boosting Saudi Arabia’s agri-food value chains, expanding research in climate-resilient crops, and encouraging technology transfer from leading agricultural nations.

According to event organizers, the Saudi agricultural sector contributed SR119 billion to the national GDP in 2024, marking a steady rise in productivity and investment.

This figure is expected to climb to SR140 billion by 2030, reflecting the country’s success in diversifying its economy and reducing dependency on imports through sustainable domestic production.

Running parallel to the exhibition is the International Future of Agriculture Summit, which gathers experts, policymakers, and entrepreneurs from around the world to discuss the future of food systems, digital agriculture, and sustainable farming techniques.

Topics such as AI-driven irrigation, hydroponics, and green supply chains are central to this year’s discussions, reinforcing Saudi Arabia’s role as a regional hub for smart agriculture.

Industry leaders attending the exhibition praised the Kingdom’s proactive approach toward building a resilient and environmentally responsible food system.

By leveraging technology, research, and international partnerships, Saudi Arabia continues to advance toward its Vision 2030 targets, focusing on sustainability, innovation, and global collaboration.

The exhibition not only celebrates Saudi Arabia’s agricultural progress but also serves as a reminder of the Kingdom’s broader mission: ensuring food security for future generations while balancing economic growth and environmental stewardship.

With over 450 global participants and nearly $1 billion in agreements, the 42nd Saudi Agriculture Exhibition stands as a testament to the Kingdom’s commitment to creating a prosperous, sustainable, and food-secure future — both for itself and for the wider world.