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Financial Weather: Top UAE in banks resilient despite fall in profit

The first-half profit of the top 10 listed UAE banks declined at an average of 38.9 per cent against their performance in the same period in 2019 as the overall net profit of 54 listed banks in the GCC plunged 34.7 per cent to $12.3 billion from $18.8 billion year-on-year,…

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