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Qatar’s Al Khalij Shares Rise After $2.2 Billion Share-Swap Deal

Al Khalij Commercial Bank PQSC shares surged Sunday after it agreed with Masraf Al Rayan QSC for a share-swap combination that will create Qatar’s second-largest lender. The shares climbed as much as 8.7% in Doha, the biggest intraday gain in more than two months. Masraf Al Rayan shares rose 0.8%….

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