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UAB sees 68% plunge in profits as revenues fall

United Arab Bank reported on Wednesday a 68 per cent plunge in its net profit for the second quarter of 2019 as revenues fell and interest expense climbed. The bank’s profits reached Dh14 million in the second quarter of this year, from Dh44.6 million a year earlier. Profits for the…

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Click here to read the full story: Gulf News

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