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FINANCIAL NEWS
Drop in Home Prices in Saudi Arabia
31 Jul 2016
(MENAFN) A continues drop in home prices of Saudi Arabia’s biggest cities in the last three months, as a result of the decline in oil profits which puts a pressure on the economy of the kingdom.
According to JLL data, villa prices in the capital Riyadh was 5% lower in Q2 than they were during the same time last year. While apartment prices were lower for 1%.
In the kingdom’s second city, Jeddah, villas prices were down by 4% and apartment prices fell by 5%.
Also, JLL added, that housing transactions fell by 5% during Q2.
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BBK discloses its financial results for the half year ended 30th June 2025
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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