Financial Results
Hedge Funds & Alternative Investments
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First-quarter profit of UAE’s top 10 banks up 35% on lower impairments
The combined net profit of the UAE’s 10 largest banks rose by 35 per cent on a quarterly basis in the first three months of the year due to enhanced cost efficiencies and lower impairment charges, professional services consultancy Alvarez & Marsal has said. The aggregate net income for the…
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Click here to read the full story: The National News