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UAE retail banking: has the corner been turned?

 UAE local bank executives are overall bullish about 2012. But downside risks, triggered by bad news from abroad, remain. HE Abdulaziz Al-Ghurair, CEO of Dubai's Mashreq Bank, is optimistic about 2012, very optimistic. "Next year will mark a major turnaround for the United Arab Emirates. "The real estate market has…

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