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Arab Banking Corporation (B.S.C.) today announced that its Board of Directors, at its meeting held on 21 February 2006 in Bahrain, reviewed the audited consolidated financial statements showing a profit of US$129 million for 2005. The Board decided to recommend a cash dividend of 7% (US$0.70 per share) for approval by the shareholders at the Annual General Meeting to be held on 28 March 2006 in Bahrain.