Wednesday 8 May 2024
 
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housing costs

UAE inflation rises highest since February 2009

The United Arab Emirates National Bureau of Statistics released the following August consumer price data on Tuesday, showing inflation at its highest level since February 2009. Housing and utility costs, which account for over 39

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Living costs in UAE ‘can offset tax-free benefits’

Rising costs of housing and education fees can erode benefits of zero income tax that traditionally lures expatriates to the United Arab Emirates, said a new study. New rules have put property purchase out of reach for many profes

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Kuwait June inflation hits one-year high

Kuwait, the world's fourth largest oil exporter, saw its inflation accelerate by 0.5 per cent month-on-month in June to its highest level since August 2009 amid a steep rise in housing costs. The Opec member said the housing costs, whi

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Dubai July inflation edges lower

Dubai inflation slowed slightly in July to reach 0.4 percent year-on-year, the lowest level in three months, as food price growth decelerated and housing costs fell again, data showed on Wednesday.    Annual consumer prices

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