Ahli United Bank (AUB) saw its profit surge 19 per cent in the first half of the year. Net profit attributable to its equity shareholders rose to $161.7 million for the first half of the year against $135.9m for the same period in 2010.
“AUB’s strong performance in the first half of the year, against the backdrop of unsettled regional political and economic conditions, is very satisfactory,” said chairman Fahad Al Rajaan……………………………………….Full Article: Source