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Dubai Bank raises its capital
- United Arab Emirates: Thursday, March 25 - 2004 at 08:13
Dubai Bank is raising its capital from USD82m to USD136m, and has filed a request with the UAE Central Bank. The bank plans to expand its three-branch network and introduce new products. This will bring the paid-up capital of Dubai Bank into line with most of its local competitors.
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Peter J. CooperThursday, March 25 - 2004 at 08:13 UAE local time (GMT+4)
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