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Kuwait's NBK net profit soars in third quarter

National Bank of Kuwait, the emirate's largest lender, said on Monday its third quarter net profit rose 6.5 percent mainly thanks to growing public spending despite low oil revenues. The bank posted a net profit of 68.7 million dinars, $227.5 million for July to September this year compared to 64.5…

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Click here to read the full story: Middle East Online

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