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Shuaa unhappy with article

  • United Arab Emirates: Monday, December 11 - 2006 at 08:46

Iyad Duwaji, the CEO of Shuaa Capital, has expressed his frustration at an article in this month's Trends Magazine which suggests the firm is in crisis, reported Gulf News. The article draws attention to the recent resignation of several executives as well as the bank's Q1 results which were 96% down on the same period in the previous year. Duwaji, who is quoted in the piece, claims the article is misleading.

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