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Oman's Bank Muscat posts 8.9 pct rise in Q1 profit, beats forecasts

Bank Muscat, Oman's largest lender, posted an 8.9 percent increase in its first-quarter net profit on Tuesday, beating analysts' forecasts, as fee income swelled. The bank made a profit of 43.3 million rials ($112.5 million) in the period ending March 31, compared to 39.8 million rials a year earlier, it…

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