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UAE banks' profitability soars over 15% as interest income rises: Alvarez & Marsal

RIYADH: The UAE’s banking sector continues to improve its performance, with 10 of its top banks recording over 15 percent growth in their profitability during the third quarter of 2022 as they booked higher interest income, a research report by global professional services firm Alvarez & Marsal revealed. In its UAE Banking Pulse, released for the third quarter of 2022, Alvarez ....

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