Tue, 21-Oct-2025

Saudi inflation rate rises for third consecutive month

Saudi inflation

RIYADH: Annual inflation rate in Saudi Arabia hit 1.1 per cent in November, up from 0.8 per cent in the previous month, Arab News quoted Gastat report, as saying. This is the highest level since June and the third month in a row in which inflation rate rose, yet it remains within analysts’ expectations. Specifically, … Read more

Footwear Exports increase 23.7pc In two Months

Footwear Exports

Footwear exports from the country upsurge by 23.72% throughout the initial two months of the Fiscal Year 2021-22 against a similar period of the earlier year. Footwear exports increase to US$26.787M in July-August (2021-22) linked to the export of $21.65M throughout a similar period of the prior year. As per the new data released by … Read more