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HSBC Oman, OIB merger 'halted' in Oman

Oman's Ministry of Commerce and Industry has halted the merger of HSBC Oman and Oman International Bank (OIB) following an objection raised by an India-based businessman. The order (seen by Times of Oman) issued on May 16 by the Ministry of Commerce and Industry, Directorate-General of Commerce in Muscat, states…

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Click here to read the full story: Times of Oman

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