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Mergers & Acquisitions
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Why Gulf Banks Are Merging Like Never Before
Lenders in the Persian Gulf have been rapidly consolidating as they seek to stay competitive in an era of lower oil prices. Saudi Arabia’s biggest bank announced talks about a mega-merger with a domestic rival less than a year after the kingdom’s first such tie-up in 20 years. Abu Dhabi…
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Click here to read the full story: Washington Post