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FINANCIAL NEWS
Saudi car sales up 3.2 percent in Q1
16 Apr 2014
(MENAFN) New-car sales in Saudi Arabia have boosted by 3.2 percent to reach 190,000 cars in the first three months of the current year, up from 184,000 in the same quarter 2013, according to Arab News.
Faisal Abu Shoushah, head of National Committee for Car Dealers, said that car sales are growing globally, not only in Saudi.
Yasir Abu Alfaraj, assistant secretary of Makkah Chamber of Commerce and Industry, stated that car market does not experience recession. However, that does not mean all new cars are immediately sold, noting that sales are mostly concentrated in the second-hand cars.
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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