Middle East business information

Banking

ADCB selects lenders for possible bond sale
QNB submits tender offer for NSGB acquisition
Barclays to shut down tax advisory unit, trim headcount
Bank Muscat sees public spending to drive credit growth
Bank Sohar completes rights issue
Qatar General Insurance's net income up 3%
Kuwait International Bank posts $46.7m in net profit
Jordanian insurers postpone floating of car insurance rates
Arcapita files restructuring plan
HSBC to close 'some' Mideast customers' accounts

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