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Islamic Finance Briefing - Categorized | Banking, Performance more

UAE banks seen lifting earnings in Q4 on revenues, lower expenses

Posted on 16 November 2010

From Gulf-times.com: UAE’s top banks posted mixed results in the third quarter as they set aside more money for bad loans but are seen improving their performances in the last quarter on the back of an easing of Dubai World’s debt problems.
Despite an overall increase in provisions during the first nine months, the banking industry in the UAE is showing signs of recovery, analysts said……………………………………….Full Article: Source

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