UAE’s RAKBANK has reported pre tax profit for the first half of the year at AED 1.5 billion. That’s a 26% jump year on year, which the bank says has been driven by non-interest income growth and an improvement in asset quality. Raheel Ahmed, CEO of RAK Bank spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the growth. (Source: Bloomberg)
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Ahmed: UAE's Economy Remains Resilient
