|
|
Article: Dubai's Shuaa Capital narrows loss in third quarter.
- Article from:
- Global Banking News (GBN)
- Article date:
- November 2, 2009
CopyrightCOPYRIGHT 2009 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Global Banking News-2 November 2009-Dubai's Shuaa Capital narrows loss in third quarter(C)2009 ENPublishing - http://www.enpublishing.co.uk
Global Banking News - 02 November 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.ukDubai-based investment bank Shuaa Capital has reported a net loss of AED269.7m (USD73.45m) in the third quarter, compared to a loss of AED438.5m in the year-earlier period.
Shuaa said that it had a nine-month loss of AED383.4m, against a loss of AED319.3m in the same period in 2008. 'In order to sharpen Shuaa's quality of earnings going ...