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FINANCIAL NEWS
Inflation rate in UAE remains stable
05 Jun 2016
(MENAFN) Inflation in the UAE is under control and it has been under 2 percent in the past four months, compared to April 2015 the whole rate reached 1.9 percent.
However, transport dropped by 5.39 percent, reflecting the lower fuel prices, whereas education grew by 6.74 percent.
On the other hand, housing and utilities, accounted for 43.70 percent of the Index, showed grow of 3.99 percent.
Meanwhile, the food component in the UAE showed an increase of 4.08 percent among last year.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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