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Friday, January 24, 2025
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Banking and Finance
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Deyaar drops capital reduction plan; FY20 loss at AED217m
Mashreqbank reports first full-year loss in decades at AED1.21 bn
CBD FY20 net profit down 20% to AED1.12b
Emaar Malls FY20 profit falls 70 % to AED704m
Aramex FY20 profit drops 43% to AED285m
DXB board urges shareholders to endorse Meraas offer to buy 100 % shares
DSI improves equity, reduces accumulated losses
Central Bank calls on banks to help kickstart investment cycle
One-off investment gain holds up Du profit at AED1.44b
Fall in bad loans helps PNB post Rs506cr third-quarter profit
RakBank FY20 profit plunges 54% to AED505m
ADCB FY20 profit falls 27% to AED3.8b
11 banks in UAE slapped AED46m penalty
2.4 fold rise in impairment allowance at AED1.4b lands NBF in AED475m loss
Emirates NBD FY20 profit falls 52% to AED6.97b
Process to merge Insurance Authority into Central Bank of UAE begins
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