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FINANCIAL NEWS
GCC inflation rate grows by 1.5 percent in 2015
27 Mar 2016
(MENAFN) Gulf Cooperation Council (GCC) inflation increased 1.5 percent last year compared to 2014, while Kuwait viewed the highest GCC inflation rate by 2.2 percent.
However, the Sultanate of Oman registered a slight drop by 0.1 percent through the same period, and the GCC inflation reached almost 1.3 percent in Dec 2015.
Moreover, the GCC national inflation ranged between 0.14 percent in Oman and 3.59 percent in UAE in Dec 2015 compared to the same period of 2014.
The UAE witnessed the highest inflation rate compared with other GCC nations as it reached 3.59 percent, trailed by Kuwait at 3.03 percent, Qatar by 2.7 percent.
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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