05 Jul 2015
(MENAFN) Saudi Arabia’s economy registered lower growth for its non-oil businesses in June, marking its lowest since August 2009, according to an official survey, Reuters reported.
Emirates NBD Saudi Arabia Purchasing Managers’ Index (PMI), which is adapted every season, indicated a drop to 56.1 points in June from 57.0 in May. However, it is still well above 50 which marks the dividing line between growth from contraction.
“While the PMI data suggest that growth in the non-oil sector has slowed markedly in the second quarter of 2015, it is important to note that these sectors are still growing at a robust rate,” the head of regional research at Emirates NBD said.
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
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more