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Kuwait’s investment firm seeks SBP’s approval to sell its holdings in Meezan Bank

In a bid to rebalance its investment portfolio, the Noor Financial Investment Company (Noor), a publicly listed company in Kuwait, has sought the State Bank of Pakistan (SBP)’s approval to consummate its divestment of 9.59 percent ordinary shares in Meezan Bank. Earlier, in 2014, Noor had planned to sell its…

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