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FINANCIAL NEWS
UAE’s inflation increases to 4.3 percent in May
25 Jun 2015
(MENAFN) The United Arab Emirates’ inflation rate, or Consumer Price Index (CPI), increased to 4.3 percent in May from 4.2 percent recorded the month before, Arabian Business reported.
Housing and utilities stood as the primary motivator for the increase, according to the UAE National Bureau of Statistics, who added that the sector that represents 39 percent of inflation increased 9.4 percent year-on-year.
Food and soft drink prices, which account for nearly 14 percent of the basket, gained 1.4 percent year-on-year.
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With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
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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