Shuaa Capital reported its fourth consecutive year of losses and announced a further round of layoffs as its withdrew from retail brokerage operations around the Middle East.
The Dubai-based investment bank's loss for the full year was Dh293.8m, widening 31 per cent from the year earlier.
The bank's losses for the fourth quarter totalled Dh111.8m, a decrease of 40 per cent compared with the same period a year earlier.
No comments:
Post a Comment