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Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory, Market Moves more

Al khaliji looking to complete IBQ due diligence in 8 weeks

Posted on 30 July 2010

From Gulf-times.com: Al khaliji expects due diligence on International Bank of Qatar (IBQ) to be completed in eight weeks, according to its top official.
“The (merger) process is going positively. It (due diligence) can take anywhere up to eight weeks,” al khaliji acting CEO Robin McCall told the media at a function to discuss its first-half results, which showed a 24% jump in its net operating income to QR320mn……………………………………….Full Article: Source

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