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UAE's RAK Bank says in talks to acquire RAK National Insurance

UAE-based National Bank of Ras Al Khaimah said on Thursday it was looking to acquire a majority stake in a listed insurance company in the emirate, a rare example of a takeover attempt involving two public UAE firms. RAKBANK, the sixth-largest lender by market value on the Abu Dhabi bourse,…

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Click here to read the full story: Arabian Business

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