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Will We Witness Another Bank Merger in UAE Soon?

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Noor Bank will consider Dubai Islamic Bank’s proposal for acquisition once it receives a formal offer letter from the world’s largest Shariah-compliant bank, Khaleej Times has learnt.

John Iossifidis, chief executive of Noor Bank, said Noor Bank is aware of Dubai Islamic Bank’s announcement that it intends to explore a possible acquisition of the bank.

Noor Bank is aware of Dubai Islamic Bank's announcement that it intends to explore a possible acquisition of the bank.





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