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Qatar s Commercial Bank to up stake in National Bank of Oman to 50 1 percent

DOHA: Qatar’s Commercial Bank said on Thursday it has made an offer to buy an additional stake of 15.2 percent stake in National Bank of Oman for 49.4 million rials ($128 million). The deal will boost Commercial Bank’s stake in the Omani lender to over 50 percent, keeping it as the biggest shareholder ahead of the government of Oman’s 26.2 percent stake, according to Refinitiv

Eight hour airport queues? Welcome to your 2021 summer holidays

PARIS: A year after the coronavirus pandemic emptied airports, air travel associations fear chaos during Europe’s summer holiday season as travelers could wait hours before boarding planes due to health checks. Strict controls are still in place at most European airports even though vaccination campaigns are making progress and infection rates are falling. The International

Saudi Al Naqool joins Nomu through direct listing, to increase leverage

Cash-strapped Lebanon court scraps start of new trial

THE HAGUE: A UN-backed court on Thursday canceled the opening of a new trial of one of the killers of Lebanese ex-premier Rafic Hariri, a day after saying it risked closure as it has run out of money. The Special Tribunal for Lebanon, based in the Netherlands, said the start of the trial on June 16 of Hezbollah suspect Salim Ayyash on charges of other attacks was “canceled due

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