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National Bank of Kuwait Says Sells Qatar Bank Stake For $538m
National Bank of Kuwait, the largest Kuwaiti bank, announced today that it has agreed to sell its 30% stake in its Qatari associate, International Bank of Qatar (IBQ), to Qatari investorsin a transaction worth $538 million (KD 155 million) and generating a gain of $87 million (KD 25 million) that…
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Source: National Bank of Kuwait,