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Qatar Islamic Bank shares dive while QIA completes 10% purchase

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Qatar: The QE Index, the benchmarkt of the local bourse in Doha, lost 1.84 to close at 8,301.55 points. Shares of Qatar Islamic Bank plummeted 6.77% to close at QR78.50. Earlier in the Qatar Exchange announced the completion process of adding Qatar Investment Authority (QIA) subscription shares in Qatar Islamic Bank's share capital by 10%, equivalent to 19,691,100 shares. [AMEInfo.com]

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