‎A singular value inequality for sums and products of Hilbert space operators‎ ‎is given‎. ‎This inequality generalizes several recent singular value‎ ‎inequalities‎, ‎and includes that if $A$‎, ‎$B$‎, ‎and $X$ are positive operators‎ ‎on a complex Hilbert space $H$‎, ‎then ‎\begin{equation*}‎ ‎s_{j}\left( A^{^{1/2}}XB^{^{1/2}}\right) \leq \frac{1}{2}\left\Vert‎ ‎X\right\Vert \text{ }s_{j}\left( A+B\right) \text{, ‎\‎ ‎}j=1,2,\cdots\text{,}‎ ‎\end{equation*} ‎which is equivalent to‎ ‎ \begin{equation*}‎ ‎s_{j}\left( A^{^{1/2}}XA^{^{1/2}}-B^{^{1/2}}XB^{^{1/2}}\right) \leq‎ ‎\left\Vert X\right\Vert s_{j}\left( A\oplus B\right) \text{, ‎\ }j=1,2,\cdots ‎\text{.}‎ ‎\end{equation*}‎ ‎ Other singular value inequalities for sums and products of operators are‎ ‎presented‎. ‎Related arithmetic-geometric mean inequalities are also‎ ‎discussed‎.