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Abu Dhabi’s Aabar To Invest In Oman’s Al Izz Islamic Bank

Aabar Investments PJSC, an Abu Dhabi government-controlled company with stakes in UniCredit SpA and Daimler AG, will be the cornerstone investor in Al Izz Islamic Bank as Oman seeks to tap demand for Shariah-complaint products. Al Izz is under formation and getting ready for an initial public offering, the bank…

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