Hedge Funds & Alternative Investments
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Spurred by strong liquidity, UAE banks outperform GCC peers
Banks in the UAE are outperforming their GCC peers on the back of strong liquidity conditions underpinned by high oil prices, foreign capital inflows, and moderate credit demand amid rising interest rates, according to Fitch Ratings. Analysts at the rating agency said UAE banks’ profitability has improved significantly, in contrast…
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