close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

Saudi Inflation Pressure to Continue In Second Quarter

Saudi Inflation Pressure to Continue In Second Quarter

Inflationary pressures are likely to continue in Saudi Arabia in the second quarter, the central bank said in a report published on its website;"The available data points to an expectation of continued inflationary pressure... during the second quarter of 2012," said a quarterly inflation report issued by the Saudi Arabian Monetary Agency (SAMA).

0

May 13, 2012 3:57 by



Inflationary pressures are likely to continue in Saudi Arabia in the second quarter, the central bank said in a report published on its website.

“The available data points to an expectation of continued inflationary pressure… during the second quarter of 2012,” said a quarterly inflation report issued by the Saudi Arabian Monetary Agency (SAMA).

It singled out rent and food as two main areas of expected price pressure during the current quarter.

Annual inflation slowed to 5.3 percent in April from 5.4 percent in March, according to figures released by the Central Department of Statistics.

Prices rose on the month by 0.2 percent, the department said.

Saudi Arabia, the world’s top oil exporter, suffers from a housing shortage that drives up real estate prices. Last year the government promised to build half a million new homes at a cost of $67 billion.

In another sign of inflationary pressure, bank lending to the private sector rose 4.7 percent in the first quarter, its largest quarterly jump for more than two years.

(Reporting By Angus McDowall; Editing by Toby Chopra)



0

Tags: , , , , ,

Leave a Comment