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Dubai Islamic Bank first quarter net profit up 17%

Dubai Islamic Bank on Sunday reported a 17 per cent rise in first-quarter net profit, boosted by the emirate’s economic rebound and as the lender bolstered its capital. The sharia-compliant bank said net profit jumped to Dh301.7 million ($82.1 million) from Dh258.5 million in the same period last year, according…

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