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Saudi Arabia Inflation News is an EIN News Service for banking industry professionals. Constantly updated news and information about Saudi Arabia Banking.
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Latest Saudi Arabia Inflation News

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  • Saudi stocks fall for second day, paced by Sabic and Al Rajhi 21 Nov 2009 22:34 GMT
    ... Saudi stocks yesterday fell for a second straight ... in order to ensure it doesn’t fuel inflation. Sabic dropped 0.9% to 80.75 riyals yesterday. ...

  • Saudi cbank says U.S. dollar peg beneficial -paper 18 Nov 2009 09:00 GMT
    ... DUBAI, Nov 18 (Reuters) - Saudi Arabia's currency peg to the U.S. dollar ... a rate hike was unnecessary given tepid inflation. 'Saudi's monetary policy fits the current circumstances, ...

  • Saudi annual inflation falls to 3.5% in October 16 Nov 2009 01:12 GMT
    ... RIYADH: Annual inflation in Saudi Arabia fell to 3.5 percent in October from 4.4 percent in September, official data ...

  • Saudi farms turn soil for seeds of change 17 Nov 2009 08:11 GMT
    ... Saudi farms turn soil for seeds of change ... world food crisis peaked, sending the kingdom's inflation soaring and triggering concerns about food security ...

  • UPDATE 1-Qatar's inflation falls on lower food, rent 18 Nov 2009 14:36 GMT
    ... according to Qatar's statistics authority on Wednesday. Inflation has fallen sharply in the Gulf Arab ... said John Sfakianakis chief economist at Banque Saudi Fransi-Credit Agricole Group. 'The domestic economy in ...

  • Saudi cbank: Pegging Gulf currency to basket an option 19 Nov 2009 17:36 GMT
    ... table although there is no perfect solution, Saudi Arabia's top monetary official, Muhammad al-Jasser, said ... a rate hike was unnecessary given tepid inflation. The peg issue is gaining momentum again ...

  • Wholesale inflation up less than expected in Oct. 17 Nov 2009 13:51 GMT
    ... 11:12 AM MST on Wed., Sep. 16, 2009 re: 9 ... control over the u s by the saudis, the economy has no where to go ...

  • Factory production dips; wholesale inflation muted 17 Nov 2009 16:51 GMT
    ... 11:12 AM MST on Wed., Sep. 16, 2009 re: 9 ... control over the u s by the saudis, the economy has no where to go ...

  • Saudi inflation hits 28-month low 16 Nov 2009 07:52 GMT
    ... Monday, November 16 - 2009 at 11:13 UAE local time (GMT+4) Replication or redistribution in ...

  • Dollar peg benefits' Kingdom 19 Nov 2009 00:33 GMT
    ... DUBAI: Saudi Arabia’s currency peg to the US dollar ... a rate hike was unnecessary given tepid inflation. “Saudi Arabia’s monetary policy fits the current ...

  • Interview: Conflict In Yemen Widens Amid Charges Of Iran Involvement 20 Nov 2009 18:32 GMT
    ... monetary policy is helping the US contain inflation whilst making it easier for the world ... Yemen's internal affairs, a veiled snipe at Saudi Arabia. And similarly, Major General Hasan Firouzabadi, ...

  • Background Notes : Sudan (11/09) 20 Nov 2009 17:19 GMT
    ... income GDP (2008 est.): $2,200. Avg. annual inflation rate (2008 est.): 16.5%. Natural resources: Modest ... sesame seeds. Major markets--Egypt, United Arab Emirates, Saudi Arabia, Malaysia, China, South Korea, Japan. Imports ...

  • Riyal rules Yemen's car market 16 Nov 2009 01:10 GMT
    ... province of Hadramout are conspicuously using the Saudi riyal when selling cars, a practice that ... no one can keep the lid on inflation, local traders resort to using the Saudi ...

  • GCC to witness 4% GDP growth in 2010' 20 Nov 2009 00:13 GMT
    ... MANAMA: In its latest economic forecast HSBC put the inflation in Saudi Arabia at six percent in 2010, up from the current 3.5 percent. The overall ...

  • WRAPUP 1-Gulf to mull single currency peg to basket -Kuwait 17 Nov 2009 15:14 GMT
    ... a currency basket to help fight then-soaring inflation. The other five members of the GCC ... GCC -- a loose economic bloc comprising Saudi Arabia, UAE, Kuwait, Qatar, Bahrain and Oman ...


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