07.12.2011 - Fitch says UAE banks will face 'new headwinds'
Fitch Ratings said on Tuesday it believes that the weak global economy and slowdown in Abu Dhabi will represent "new headwinds" for the UAE banking system. The rating agency said the UAE operating environment was "not immune" to global issues while ongoing problems in Dubai government-related entities would "continue to pose significant asset quality challenges for the sector"...............................................Full Article: Source
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