← Latest news 
UAE firms find it harder to borrow as Iran war tightens bank lending
International
Published on 6 May 2026
Banks are reserving more capital, pushing borrowers to private lenders
UAE bank lending is slowing as lenders grow more cautious amid the Iran conflict. Real estate and construction companies are struggling to secure fresh credit, while banks boost provisions to cover rising risk. With tighter underwriting and slower approvals, some businesses are turning to private lenders to keep projects moving.
- UAE banks are becoming more cautious with new loan approvals
- Real estate and construction firms face harder access to credit
- Lenders are increasing risk buffers by setting aside more funds
- Some borrowers are shifting toward private lenders
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times