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FINANCIAL NEWS
Food, beverage consumption to grow 5 percent in 2014
07 Jan 2014
(MENAFN) Consumption of food and beverage is expected to boost by 5 percent this year in Saudi Arabia, reported Business Monitor International, according to Saudi Gazette.
Retail sector is expected to remain high as citizens incomes are rising, in addition to the favorable demographics and increasing urbanization.
Food consumption is forecasted to grow 8 percent in 2014 with a compound annual growth rate (CAGR) of 7.8 percent from 2013 to 2017.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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