Monday 7 May 2018

Shuaa posts sharp drop in first quarter profits

Shuaa posts sharp drop in first quarter profits:

"Shares in Shuaa Capital fell sharply on Monday, after the Dubai-based investment bank’s first quarter profits more than halved. Shuaa’s profits for the three months to the end of March fell to 11.7 million dirhams ($3.18 million) from 24.8 million dirhams for the year ago period, the bank said in an announcement on the Dubai stock exchange. The bank’s shares fell 2.7 percent."



'via Blog this'

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