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FINANCIAL NEWS
UAE’s inflation rises to 5-year high in August
23 Sep 2015
(MENAFN) The UAE National Bureau of Statistics released the following August consumer price data, showing inflation at its highest level since February 2009.
Inflation rose 0.9 percent month-on-month during August, and 4.9 percent year-on-year, the NBS released data showed.
Housing and utility costs, which account for over 39 percent of consumer expenses, jumped 9.9 percent from a year earlier in August and rose 0.1 percent from the previous month.
Abu Dhabi, the biggest emirate in the UAE, hiked electricity and water tariffs from January 1. Food and soft drink prices, which account for 14 percent of the basket, rose 0.6 percent and fell 0.5 percent on-month.
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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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