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UAE banks 'pumped $24bn into Saudi Arabia, Egypt'

The investment of UAE’s banks in Saudi Arabia and Egypt reached Dh87.2 billion ($23.7 billion) at the end of the third quarter of 2018, representing 12.5 per cent of the total assets invested abroad, which amounted to about Dh693 billion ($189 billion) in September of the same year. Figures from…

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