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FINANCIAL NEWS
Meat prices up 18% in UAE
19 Jan 2011
(MENAFN) Traders at Madinat Zayed market in Dubai said that meat is being sold in local shops with an increase of eighteen percent on prices due to insufficient supply.
Traders said that prices of Australian lamb went from $7.3 per kilogram to $8.7 within this month.
They added that reasons behind this increase included the hiking cost of animal feed, and natural disasters in major suppliers such as Australia, Brazil and India.
It is worth noting that poor harvests in Russia and Pakistan and stockpiling of crops by China and India had added to the problem.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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