Saudi Arabia's February inflation at 5.4%, 14 month high-continued

March 12, 2012--According to data from Saudi Arabia's Central Department of Statistics, the Kingdom's inflation increased to a 14-month high of 5.4% on an annual basis in February, mainly due to higher food and housing costs, state news agency SPA has reported.
On a monthly basis, consumer prices rose by 0.3% after a 0.1% rise in January, the data has shown.

Source: AME Info


Middle East ETP News
DEPA shares hit 11-month low
October 2, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 1.61 per cent lower at 4,555.66 points on Thursday, October 2.
read more
Lackluster Abu Dhabi exchange dips
October 2, 2014--The Abu Dhabi market index ADXGI fell by 0.37 per cent to 5,111.25 points on Thursday, October 2.
read more
Emaar Malls Group gains strongly on first day of trading
October 2, 2014--Despite the euphoria on the Dubai trading floor about the first listing of the biggest IPO since 2007, the Dubai Financial Market (DFM) general index lost 1.68 per cent to close at 4,957.87 points on Thursday, October 2.
read more