Top UAE banks’ profits drop amid pandemic
The United Arab Emirates’ top two banks reported drops in profit last year as they make huge provisions to counter the impact of the coronavirus crisis. Emirates NBD, Dubai’s largest bank, said on Wednesday its net profit plunged by 52 per cent to $1.9 billion from $3.9 billion in 2019….
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Daily Express