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Next phase of FAB brand roll-out in H2

ABU DHABI / WAM First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has confirmed that the next phase of its brand roll-out will be launched during the second half of the year. During the coming months, the bank will start to install new FAB signage across First Gulf Bank and National ...

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More residents turn to Abu Dhabi’s affordable housing market

ABU DHABI / Emirates Business Employment uncertainty and the rising cost of living continues to build deflationary pressures in the residential leasing market. As a result, residents are becoming increasingly cautious with their spending and gravitating towards affordable housing options, according to the latest Abu Dhabi MarketView by global real estate consultancy firm CBRE. As of Q2 2017, average rentals ...

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Egypt non-oil business activity contracts, new orders stabilize

Cairo / Emirates Business The downturn in the overall health of the non-oil private sector eased in July, with the latest deterioration in business conditions the weakest in a year. New orders stabilised during July, thereby ending a 21-month sequence of decline. Output declined at the slowest pace in 12 months, thereby leading to only a marginal fall in input ...

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