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Gulf Bank posts an 11% increase in Net Profit in H1 2016

Gulf Bank today announced a net profit of KD 20.7 million for the first half of 2016, an increase of 11% or KD 2 million over the same period last year. Operating profit, excluding general provision expenses improved significantly from KD 32.6 million to KD 41.9 million, an increase of…

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