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FINANCIAL NEWS
Residential sector in UAE to decline
06 Sep 2016
(MENAFN) Overall residential values and rents in Dubai, Sharjah and Abu Dhabi are ready to decline for the remainder of this year.
Accordingly, a number of global economic factors are contributing to the recent pressure on the UAE residential marker, involving oil prices.
Moreover, in Dubai the market is predicted to stabilize by the end of next year, due to the Expo 2020 effect, which will influence the demand for real estate in Sharjah.
On the other hand, it is expected that villa values end the year up to 20 percent lower on 2015 in the city”s residential investment areas.
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
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
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