Biggest U.A.E. Bank Posts 10% Increase in Profit on Forex Gains - Bloomberg:
First Abu Dhabi Bank PJSC reported a 10 percent jump in full-year profit, meeting analysts estimates, as foreign exchange gains doubled and impairment charges dropped.
The United Arab Emirates’ biggest lender recommended a dividend of 74 fils a share. That compares with 70 fils for 2017.
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