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Islamic Finance Briefing - Categorized | Banking, Finance, Market Moves more

Al Khaliji and IBQ announce progress in proposed merger discussions

Posted on 22 December 2010

From Ameinfo.com: Al Khaliji and IBQ have announced progress in the proposed merger discussions that began earlier this year. The proposed merger is now entering final stages of negotiations and due diligence, including formal discussions with key regulators.
The merger remains subject to approval from the relevant government and regulatory authorities in Qatar, as well as the Board and shareholders of both banks……………………………………….Full Article: Source

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