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Interview Tip
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Saudi-French trade relations strengthening, says BSF [Arab News, Jeddah, Saudi Arabia](18 Nov 2009 00:01:00 EST)Nov. 18--JEDDAH -- Trade ties between Saudi Arabia and France are improving with balance of trade favoring the Kingdom, says Banque Saudi Fransi in a report published to coincide with French President Nicolas Sarkozy's visit to the Kingdom on Tuesday.
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Saudi Arabian Inflation Poised to Reach 5 Per Cent [Khaleej Times, Dubai, United Arab Emirates](14 Nov 2009 00:01:00 EST)Nov. 14--JEDDAH -- Saudi Arabia's inflation is poised to reach 5.1 per cent in 2009 as the weak US dollar pushes up prices in the final months of the year, according to a Banque Saudi Fransi, or BSF, report. The report on Thursday said that price rises could accelerate in the first quarter of 2010, should dollar weakness be sustained over the short-term, firming up imported inflation.
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12% fall in imports expected [Arab News, Jeddah, Saudi Arabia](13 Nov 2009 00:01:00 EST)Nov. 13--JEDDAH -- Saudi imports are expected to fall by nearly 12 percent in 2009 to $89 billion, down from a record high last year when it was $100.6 billion, according to a report released on Thursday by a team of economists at Banque Saudi Fransi. Expenditures are expected to drop too, with the nonoil private sector likely to witness U-shaped recovery in 2010.
