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FINANCIAL NEWS
Saudi imports 80 percent food from foreign countriies
20 Apr 2014
(MENAFN) Saudi Arabia’s imports of food from foreign countries reached as much as 80 percent of total food requirements, while only 20 percent of food is produced locally, according to Arab News.
The GCC countries import 90 percent of food products on average from other countries.
Qatar has ranked first as the biggest importer of food from foreign countries at 97 percent, while Bahrain ranked second at 92 percent, followed by Kuwait at 91 percent.
Experts said political developments in Ukraine have a negative impact on the prices of agro commodities.
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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