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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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