Cracks Start to Show for U.A.E. Banks

The video discusses the prolonged economic slowdown affecting banks, particularly in the UAE, with issues in the property and retail sectors. Banks are facing challenges with rising provisions and are taking measures to manage costs, including layoffs and consolidations, to maintain profitability in a challenging economic environment.

What are the expectations regarding the recovery of property prices in the UAE?

What trends are observed in the retail sector that could affect banks?