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GGICO Reports Net Profit of AED 20 million

Diversified conglomerate Gulf General Investment Co. PSC  reported a net profit of AED 20 million for the year 2015, as compared to a profit of AED 97 million in the previous year. "The reduction in the net profit was due to provisions in the insurance division. However, despite the tough…

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Source: Gulf General Investment Co PSC

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