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Dubai’s Shuaa Capital Q1 Net Profit Dhs8.2m Vs Net Loss

Dubai-based investment bank Shuaa Capital reported Dhs8.2 million ($2.2 million) in first-quarter net profit on Sunday, driven by lending and investment banking fees. This compares to a net loss of Dhs5.9 million in the same quarter last year, the company said in a bourse statement. Revenues rose 77 per cent…

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