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Oman’s Royal Court Affairs

200-bank-muscat

Key Dubai shareholder opts out of bank Muscat rights sale

Dubai Group sells rights to buy shares at discount; Bank Muscat eyes $251 mln from discounted rights sale; Dubai has rights to buy 33 mln shares in the Omani bank;Dubai Group is bank's second largest shareholder with 14.7 pct stake

July 15, 2012 5:07