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Shuaa Capital narrows loss in Q3
- United Arab Emirates: Monday, November 02 - 2009 at 09:27
Dubai-based investment bank, Shuaa Capital, has reported a net loss of Dhs269.7m in the third quarter, compared to a loss of Dhs438.5m in the year-earlier period, Reuters has reported. Improved performance in some business divisions and in liquidity has contributed to reducing the bank's net loss for the third quarter, Shuaa said. The bank's loss for the first nine months of 2009 had amounted to Dhs383.4m, against a loss of Dhs319.3m in the same period in 2008.
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StaffMonday, November 02 - 2009 at 09:27 UAE local time (GMT+4)
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