was expected to average 1.8% this year before easing back to 1.4% next year and 1.3% in 2023. Despite the [...] bank estimated. That would be more than double the 1.1% growth seen in the second quarter. With the [...] rebound, unemployment was seen largely stable at 8.1%-8.2% between now and 2023. Source: French
15 years and above) increased by 1.8 percentage points compared to Q1 of 2019, reaching 58.2%. Labor force [...] quarter. The total unemployment rate stood at 5.7% in Q1 this year. Based on the administrative data, [...] 2 million individuals, 2.06 million Saudi men and 1.13 Saudi females, the report said. The participation
or 24.1pc. The balance sheet of retail banks increased by BD2.2bn, or 6.7pc, reaching BD35.1bn at [...] 045.4m at the end of January 2020, an increase of 5.1pc compared with its level of BD11,457m in January [...] total balance sheet of the banking system from $194.1 billion at the end of January 2019 to $205.2bn at
increased by 1.3 percent and 2.0 percent quarter-on-quarter and year-on-year respectively, in Q1 2020, compared [...] other sectors increased jobs year-on-year in Q1 2020 by 7.1 percent and 11.3 percent, faster than the 6 [...] rate on a year-on-year basis in Q1 2020, as in the previous quarter, at 1.3 percent. In addition, the Transport
from B1 with negative outlook. Moody’s notes that the rating actions on the banks reflect (1) the [...] profitability with net income to tangible asset ratio of 1.4pc, as well as healthy liquidity buffers with liquid [...] However, Moody’s said it has downgraded to B2 from B1, the long-term local currency deposit ratings of BBK
which accounts for 35% of the index weight, grew by 1.1% to reach 113.8 points in January 2024, up from 112 [...] 7% of the index weight, grew by 1% to reach 113.2 points, up from 112.1 points in December 2023. [...] accounts for 61.4% of the index weight, grew by 0.1% to reach 98.2 points in January 2024, up from 98
South America1 (4.6%), the CIS region (4.5%), Africa (2.5%), North America (2.1%) and Europe (-1.4%). [...] 3%), North America (3.3%), the CIS region (1.1%), Africa (1.0%) and Europe (-2.3%). Source:
to GDP growth will rise to 2.0:1 in 2021 before falling back to 1.1:1 in 2022. If the forecast is realized [...] grow 5.3% in 2021, up from 5.1% forecasted in March. Growth should slow to 4.1% in 2022, up from 3.8% previously [...] GDP growth of 5.3% in 2021 and 4.1% in 2022 (revised up from 5.1% and 3.8% previously). GDP growth has
closed the month at 1,587.97 points after touching a 14-month high on June 29 at 1,596.05 points, registering [...] reported the best monthly rally in the sector at 11.1pc while rest of the banks saw only marginal rises [...] the month. The monthly gain further supported H1-2021 performance and lifted the benchmark deeper into
the quarter aggregating at $1bn, an increase of 78.3pc as compared to Q1-2020. Total bank revenue [...] quarterly data) which saw the lowest net profits since Q1-2012 at $4.3 billion. This was a quarter-on-quarter [...] decline came mainly on the back of a quarterly loss of $1.83bn reported by Saudi Arabia’s SABB during Q2-2020