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UAE bank ADCB Q1 net attributable profit rises 31 percent

Abu Dhabi Commercial Bank posted a 31 percent increase in first-quarter net profit on Tuesday, beating analysts' forecasts. The fourth-largest lender by market value in the United Arab Emirates made a net profit attributable to equity shareholders of 1.25 billion dirhams ($340.3 million) in the three months ending March 31,…

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