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Dubai Islamic Bank’s net profit drops 38% in 2020 due to increased provisions

Dubai Islamic Bank (DIB) on Tuesday announced its 2020 financial results which revealed a 38 percent slump in net profits. However, the drop was attributed to provisions made by the company to protect it against unforeseen events and to ensure a strong recovery in the near future, according to Al…

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Click here to read the full story: Arab News

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