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FINANCIAL NEWS
Abu Dhabi’s real estate market posts drop
25 Jul 2016
(MENAFN) Abu Dhabi, UAE real estate market viewed a decline among the second quarter in many sectors for the first time in three years.
However, the residential market faced downward pressure with vacancy rates increasing and rents and sale prices starting to fall.
On the other hand, despite the reduction in retail spending, retail rents remained stable this quarter, while vacancies remained minimal within local malls.
In addition, the hospitality market posted a 13 percent drop in ADRS, as the decline in corporate demand triggered by lower oil prices.
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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