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Arab International Bank hikes stake in SAIB to over 51%
Arab International Bank increased its shareholding in Société Arabe Internationale de Banque to 51.02% from 50.43% in exchange for $368,212. AIB purchased 92,053 shares in SAIB at an average price of $4 per share, according to a bourse filing. It is worth highlighting that Prime Securities was the broker for…
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