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FINANCIAL NEWS
Saudi inflation rates slow in July by 3.8pct
05 Sep 2016
(MENAFN) Saudi Arabia food inflation slowed in July for the first time since the beginning of 2010.
Moreover, the kingdom faced a deceleration in prices to 3.8 percent year-on-year compared to 4.1 percent in June.
Accordingly, core inflation, which involved food and rent and other housing services also slowed in the same month, reaching 3.9 percent.
On the other hand, the contribution of housing prices to overall increased to 49.4 percent, while core inflation saw its contribution drop to 51 percent.
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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