Commercial Bank of Qatar in talks to sell United Arab Bank stake
Qatari's third-biggest lender, Commercial Bank, is in talks to sell its $217 million stake in Abu Dhabi-listed United Arab Bank, joining several Qatari companies exiting the United Arab Emirates due to a widening Gulf rift. The potential buyer is a UAE-based strategic investor, two sources said, without giving its name….
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Nasdaq