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Dubai’s Shuaa Capital Q1 net profit falls due to asset write-down
Dubai-based investment bank Shuaa Capital has posted a drop in Q1 2022 net profit after writing down intangible assets worth 31 million dirhams ($8.4 million). Attributable net profit for the period fell to 5.6 million dirhams, compared to 24.9 million posted in the year-ago period last year, the company said…
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