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Barclays to offload UAE retail banking operations

British lender Barclays has said has decided to sell its retail banking operations in the UAE after conducting a review of the business, Reuters has reported. The bank, however, will keep its Dubai branches to service corporate banking clients. "Following a strategic review, Barclays has decided to re-focus its efforts in the UAE on its key strengths in corporate and investment banking and wealth and investment management," the bank said, declining to provide any additional details.