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First Gulf Bank Plans Asia Expansion as Profit Beats Estimates

First Gulf Bank PJSC (FGB) said it will remain focused on expansion in Asia as the lender controlled by Abu Dhabi’s ruling family reported a 15 percent increase in second-quarter profit. Net income advanced to 1.17 billion dirhams ($319 million) from 1.02 billion dirhams a year earlier, the bank said…

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Click here to read the full story: Bloomberg Business Week

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