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Invest Bank shareholders adjourn to consider enhanced offer from Sharjah

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Invest Bank shareholders adjourn to consider enhanced offer from Sharjah

Invest Bank PSC said its shareholders unanimously adjourned its Dec. 29 general assembly meeting until Jan. 8, 2019, to consider an enhanced offer from the government of Sharjah.

Sharjah's government had previously offered to invest 1.9 billion dirhams in Invest Bank to boost its capital.

As of Dec. 28, US$1 was equivalent to 3.67 United Arab Emirates dirhams.