QNB takes over Tunisian Qatari Bank

While most Arab capital markets remained closed Thursday to mark the Prophet Mohammed's (pbuh) birthday, Doha kept on trading with the QE 20 Index closing 0.43% higher at 8,689.76 points. Qatar National Bank (QNB) as the most liquid share advanced 1.40% to reach QR136. Earlier in the day, QNB said it acquired an additional 49.96% stake in the share capital of the Tunisian Qatari Bank, thus raising its total shareholding to 99.96% effective the moment the group receives the required approvals from the regulatory authorities in the Republic of Tunisia and the State of Qatar.

http://www.ameinfo.com/qatar-market-gains-gcc-public-holiday-326923