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Dubai’s Emirates NBD reports 27% rise in first quarter net profit

Emirates NBD, Dubai’s biggest lender, reported a 27 per cent rise in first quarter net profit attributed to loan growth and stronger margins. Net income rose to a “record” Dh2.39 billion ($651 million) in the three months to March 31, compared with Dh1.87bn in the same period of 2017, the…

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