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Money in the bank: UAE's big four lenders set to maintain profits, says Moody's

Money in the bank: UAE's big four lenders set to maintain profits, says Moody's

The four biggest banks in the United Arab Emirates are likely to maintain profit stability over the next 12 to 18 months, according to Moody’s. Banks have enjoyed higher levels of profitability as interest rates have risen recently, but the ratings agency warned that they may have to make more provisions for bad debts as the economic outlook softens.

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Carsten Menke

Cyclical metals: Strong stays steel, while copper is weak

Data from China was less negative than perceived

Hussein Sayed

Turkish crisis spreading into other markets

Investors need to see serious economic measures and not political ones to prevent things getting completely out of control

Mustafa Adil

The role of Islamic finance in China's new Silk Road

The UAE is one country that is seeking to bring together Islamic finance and the Belt & Road Initiative

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Thomson Reuters Business Development MENA

The premier corporate intelligence monitor in MENA, providing you with access to the most comprehensive database of companies and officers in the region, with coverage of all major sectors and industries.

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