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FINANCIAL NEWS
Saudi salaries increase by 4.5 percent in 2015
20 Sep 2015
(MENAFN) Saudi wages have grown by an average 4.5 percent through the current year, while the forecasted rate was set at a bit higher 5 percent, based on recent reports.
Regardless to the economic insecurity caused by dropping oil prices and the poor performance of global markets, top increases have been seen by lower level workers with 5.7 percent.
According to the survey which was conducted lately on the matter, over 50 percent of employees surveyed have stayed with their current company for more than five years.
“With inflation at 2.6 percent, these increases represent a growth of 1.9 percent in employees’ real spending power,” said the Hay Group’s Regional Manager for Services.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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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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