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The Saudi British Bank earns more, shares slip

: Wednesday, July 09 - 2014 @ 23:17

The Riyadh-based Tadawul market added 0.10 per cent on Wednesday, July 9, closing at 9,787.41 points.

SABIC lost likewise 0.10 per cent, ending at SAR117.50.

The Saudi British Bank (SABB) declined by 0.40 per cent to hit 49.50. The lender said it earned in the first half of 2014 a net income of SAR2.23 billion ($608.1 million), representing an increase of 14.61 per cent. An increase in total operating income as the main driver for the surge in profits, said SABB.

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Wednesday, July 9- 2014 @ 23:17 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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