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Oman Arab Bank finalises agreement to acquire Alizz Bank
Oman Arab Bank will acquire the entire issued share capital of the Muscat-based Alizz Bank in a deal that will create a lender with more than 3.2bn rials (Dh30.6bn) in assets. “If [the process] is completed, AIB will become a wholly-owned Islamic banking subsidiary of OAB and converted into a…
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Click here to read the full story: The National