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UAE banks better positioned, thanks to economic recovery, high oil prices

The UAE banks are better positioned amid good recovery in economy and property prices, favourable oil prices and resilient domestic spending, JP Morgan said in a note on the country’s banking sector. The US bank expects that the UAE’s GDP will grow 2.4 per cent in 2021 and 3.5 per…

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Click here to read the full story: Khaleej Times

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