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Dubai’s CBD reports 20.5% profit increase on higher revenue

Commercial Bank of Dubai reported a 20.5 per cent increase in its full-year net profit for 2019 on the back of higher revenue. The net profit for the period ending December 31 climbed to Dh1.4 billion, the lender said on Wednesday. Revenue rose 11.3 per cent year-on-year to Dh3.03bn. Net…

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