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UAE banks won't be affected by Western lay-off wave: CEO

Whilst an increasing number of European and U.S. banks announce lay-offs in a massive style, banks in the United Arab Emirates (UAE) are quite immune against the fallout from the West, said Sailesh Dash, CEO of Al Masah Capital Limited in Dubai. "Unlike Western banks, local lenders in the UAE…

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Click here to read the full story: Shanghai Daily

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