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UAE banking sector profits expected to decline 10 to 20 per cent in 2016
The UAE’s banking sector is expected to face 10 to 20 per cent contraction in profits this year due to persistent slowdown in various sectors of the economy, said Abdul Aziz Al Ghurair, Chairman of The UAE Banks Federation. “Clearly the slowdown in the economy will be reflected in the…
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Click here to read the full story: Gulf News