02.12.2009 - Bahraini banks' profit seen affected by Dubai woes
From Reuters: Profit at Bahraini banks will likely be affected by Dubai's debt woes due to provisions booked on their exposure and hits on their investment portfolios, an analyst and a banking executive said on Tuesday. Dubai said last week it would ask creditors of Dubai World and Nakheel to agreed to a standstill on billions of dollars of debt, shocking international investors and bankers.................................Full Article: Source
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