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Why local is trumping global in the Middle East banking game

Last week was a good one for Shayne Nelson. The head of Dubai’s Emirates NBD oversaw a set of results that saw the lender leapfrog Abu Dhabi’s First Gulf Bank to become the most profitable bank in the UAE once more. Its first-quarter profits soared by 60 percent, helped by…

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Click here to read the full story: Arabian Business

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