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FAB to distribute $1.5bln cash dividends after record net profit
First Abu Dhabi Bank , the UAE’s biggest lender, is set to distribute 51% cash dividends after reporting record earnings last year. Shareholders of the bank approved the payout totalling AED 5.74 billion ($1.5 billion) for 2022, up 7% from 2021, at the recent general assembly meeting, according to a…
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