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Dubai’s leading investment bank posts return to profit

Posted on 04 May 2010

From Gulfjobsmarket.com: SHUAA Capital, the giant Dubai investment bank, which has a presence in Riyadh, Abu Dhabi, Doha, Cairo, Istanbul and Beirut, has today posted profits of $5.3million for the first quarter of 2010.As one of the biggest investment banks in the Gulf and Middle East region, Shuua had suffered more than most and experienced significant losses in 2009.
However, the appointment last year of new chief executive, Samir Al Ansari, has seen the company return to profit……………………………………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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