VOL. XXXVII
NO. 33
16-MAY-1994
Financial and Banking News
Regional Banking
UAE Local Banks Put In Solid Performance As Economic Conditions RemainBuoyant
Most of the locally-incorporated UAE banks have reported increased profitsfor 1993, and the prognosis is for further strong performance during thepresent year. Economic conditions remain buoyant despite a slight cooling of activity in Dubai, and contracting work in Abu Dhabi should ensure that areasonable amount of banking business remains...
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