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First Gulf posts record profit of $1.64bn for 2016

First Gulf Bank registered a record profit of Dh6.03 billion ($1.64 billion) for the full year 2016, compared to Dh6.01 billion in 2015, marking its 17th consecutive year of consistent growth in profitability. Full year 2016 earnings per share  amounted to Dh1.32, compared to Dh1.31 in 2015. Abdulhamid Saeed, FGB’s…

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