Financial Results
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United Gulf Bank announces 24% increase in first half profit
United Gulf Bank B.S.C. (c) (UGB), the asset management and investment banking platform of the KIPCO Group, announced a net profit of $16.5m for the six months ended 30 June, 2012 – a 24% increase over same period last year. Key Financial Highlights – Net profit of $16.5m (1H11: $13.3m)…
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