Shuaa beats expectations to end long run of losses - The National:
"Shuaa Capital returned to profit after seven consecutive quarters of losses, trumping analysts’ expectations of another loss-making quarter.
The Dubai-based investment bank reported net profits of Dh1.3 million in the second quarter, up from a loss of Dh15.8m during the same period last year.
It was the sixth time Shuaa reported a quarterly profit in the past five years, which have been marked by sustained quarterly losses and several changes of chief executive."
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