#Qatar's Commercial Bank still looking to sell United Arab Bank stake - Reuters

Qatar's Commercial Bank still looking to sell United Arab Bank stake - Reuters:

Qatar’s Commercial Bank, the country’s third-largest bank by assets, said on Wednesday it is still looking to sell its 40% stake in Abu Dhabi-listed United Arab Bank (UAB), after sale talks stalled last year.

Commercial Bank continued to classify its shares in UAB as an “asset held for sale”, according to a statement announcing its financial results for the nine-month period ending on Sept. 30.

Qatar became locked in a diplomatic dispute with Saudi Arabia, the United Arab Emirates, Egypt and Bahrain in mid-2017.