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FinancialNews


  • 02-07-17

    Saudi residents predict fiscal stability this year

    (MENAFN) National Bonds Corp, the pioneering Shariah-compliant savings and investments firm in the UAE, has proclaimed the results of last year saving Index for GCC nations.

    Moreover, the UAE posted the highest percentage of regular savers, 37 percent, compared to 25 percent in KSA and 27 percent in the rest of GCC nations combined.

    Accordingly, 50 percent of respondents in KSA and 55 percent in Bahrain, Kuwait and Oman are the sole earners in their families.

    In addition, 25 percent of respondents in KSA saved regularly last year, with 88 percent managing to put money aside every month.

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