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Qatar royal family swoop on Belgian, Luxembourg banks

Qatar’s royal family is stepping up its investment in the euro zone’s troubled banking sector with plans to buy private banking businesses from Franco-Belgium financial group Dexia and its Belgian rival KBC. A Qatari investment group looking to take over Dexia’s Banque Internationale Luxembourg (BIL) belongs to members of the…

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Click here to read the full story: Arab Times

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