Thursday 21 June 2018

Qatar Commercial to buy 40pc of UAB

Dubai, September 23, 2007

Commercial Bank of Qatar won initial approval from the UAE and Qatar authorities to buy 40 percent of Sharjah-based United Arab Bank at 7.75 dirhams ($2.11) per share, United Arab said.

The transaction will be completed by the end of November, the UAE lender said in a statement on Sunday.- Reuters    

Tags: Commercial Bank of Qatar | United Arab Bank |

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