Pakistan’s richest man, Mian Muhammed Mansha, is hoping to buy a majority stake in a Dubai-based bank, a news report has said.
Mr Mansha is the Chairman of Muslim Commercial Bank (MCB), Pakistan’s largest lender by market value.
The Nishat Group, of which he is the Chairman, has assets valued at $5 billion and has operated an insurance company in the UAE under the Adamjee Insurance brand for 40 years. Nishat Group also holds a majority stake in MCB.
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