| From Gulfnews.com: The Board of Directors of First Gulf Bank (FGB), financial institution, announced on Tuesday its full 2008 results with net profit of Dh3, 005 million, representing an impressive increase of 50 per cent over its 2007 results.
"At a time where the world is heavily impacted by the financial turmoil resulting in credit and financial crisis, FGB has once again recorded strong performance and exceeded expectations. This reconfirms the bank's position as one of the best performing, most efficient and most profitable institutions. FGB has strong foundations to continue delivering its vision and commitment to shareholders," said Abdulhamid Saeed, Managing Director of FGB..... Full Article: Source
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