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Oman’s Bank Muscat Q2 net profit edges higher, lifts sector

Oman’s largest lender Bank Muscat posted a slight increase in second-quarter net profit on Wednesday, helped by a rise in net interest income and increased recovery of bad debts, sending its shares up and lifting banking sector stocks. The bank made a profit of 46.7 million rials ($121.3 million, Dh445…

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Click here to read the full story: Gulf News

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