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Union National Bank's Q1 net profit rises 4.2 pct

Union National Bank, jointly owned by the governments of Abu Dhabi and Dubai, posted a 4.2 percent increase in first-quarter net profit on Wednesday, in line with analysts' forecasts, as operating income rose at the bank. The Abu Dhabi-headquartered lender earned a net profit of 495 million dirhams ($134.8 million)…

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