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Bank Dhofar sees return to profit in second half of year
Omani lender Bank Dhofar said a $68 million (Dh249.7 million) lawsuit filed by rival Oman International Bank will not hit profit performance in the second half because it has already set aside funds to cover any penalty. Mohammad Redha Jawad, acting chief executive of Oman's third-largest bank by assets, said…
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Click here to read the full story: Gulf News