| 11.08.2010 - Investments setback for Dubai bank |
| From Gulf-daily-news.com: Dubai-based investment bank Shuaa Capital posted a second-quarter loss, hit by a fall in the value of its investments and dwindling trading volumes. Shuaa, in which the ruler of Dubai owns a 48.4 per cent stake, yesterday said it swung to a net loss of 56.6 million dirhams ($15.4m) in the second quarter from a 91.7m dirhams net profit a year ago..............................................Full Article: Source |