U.A.E. Investor Interested in Buying 10% of NBK, Al-Qabas Says

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An investor from the United Arab Emirates is interested in buying a 10 percent stake in National Bank of Kuwait, Al-Qabas reported, without saying where it got the information.

A representative for the Emirati investor may visit Kuwait this week to look at the possibility of the stake purchase, the newspaper said. An investment company with shares in NBK is in talks with other shareholders to gather the 10 percent required for sale, according to Al-Qabas.