First Abu Dhabi Bank's Wealth Sentiment Index falls 2.2 per cent in August - The National:
"The First Abu Dhabi Bank (FAB) Wealth Sentiment Index (WSI), a key gauge of how the wealthy in the UAE feel about their prospects, slipped 2.2 per cent month-on-month in August as tepid loan growth and lacklustre tourism weighed on feelings. The measure fell to 1,017.37 in August compared to 1,040.66 in July, FAB said. "The August score reflects a range of factors, including a surge in oil prices and an increase in stock indices," the report said. "At the same time, a fall in tourism due to climbing summer temperatures and a drop in loan growth has negatively impacted the WSI." "
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