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Audio-Dubai’s Amlak eyes 70 pct profit growth in 2008

February 5, 2008

Nasser al-Sheikh, chairman of the Dubai-based mortgage lender Amlak Finance, says he is aiming for a 70 percent rise in 2008 profit on increased lending at home and contributions from foreign operations.

Sheikh told Reuters Islamic Finance summit in┬áDubai that Amlak would be “more aggressive” in its core business.

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