The head of a Dubai-based bank says the banking sector in the UAE needs a further injection from the government on top of Dhs120bn already spent to help shore up bank finances since 2008, reported the National. 'The banking sector in the UAE needs continued capital injection,' said Hussain al Qemzi, the chief executive of Noor Islamic Bank. 'I can say we need another Dhs20bn to Dhs25bn.'
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