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FINANCIAL NEWS
Saudi imports of food stand at 15 pct of total imports
05 Sep 2013
(MENAFN) Saudi Arabia is considered the largest consumer market for food and agricultural commodities as its food imports form 15 percent of Saudi total imports, according to Gulf Daily News.
The kingdom’s consumption of domestic food is expected to stand at 9.75 percent while the mass grocery retail transactions by 11.7 percent by 2014.
Saudi agricultural imports are expected to boost up to 76 percent over the coming three years.
Investments in domestic agriculture projects and food security programs reached USD12.3 million while the kingdom is making effort to meet people’s demand on food.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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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