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Oman’s Bank Dhofar Cuts Proposed Cash Dividend On Central Bank Advice
Oman’s Bank Dhofar has cut its proposed cash dividend for 2014 to five per cent from 10 per cent based on the recommendation of the sultanate’s central bank, Dhofar said in a statement on Tuesday. The bank did not explain the reasoning behind the recommendation, but said it would increase…
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Click here to read the full story: Gulf Business