Browse
related articles
UAE bank profits to fall in 2006
- United Arab Emirates: Saturday, August 26 - 2006 at 08:12
A report by Shuaa Capital has predicted that the UAE's banks will suffer a 6% slump in profits this year, reported Gulf News. Stock market slumps and fewer IPOs will hit banks that do not have diversified earnings. Profits of listed commercial banks jumped 115% last year and assets grew by 48%; Shuaa's report expects the National Bank of Abu Dhabi to remain the most profitable bank in the country.
Also consider reading:
Today's top stories
Week's top stories
Digg
Facebook
LinkedIn
Twitter
Browse
related articles
Jonathan Sheikh-Miller, Deputy EditorSaturday, August 26 - 2006 at 08:12 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
It looks like you are using a Mac - check out our 
Web Feeds