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Qatar Islamic Bank backs out of United Bank offer -report
QIB and the Kuwait Finance House completed their due diligence for United Bank in December
Qatar Islamic Bank, Kuwait Finance House wrap up due diligence on United Bank
The sale could reportedly reel in the USD equivalent of EGP 22 bn
THIS EVENING: QIB, KFH conclude their due diligence on United Bank
Good afternoon, ladies and gentlemen, and happy hump day. The news cycle is beginning to gain traction as we steamroll…