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Bahraini bank set to triple London float

A Bahrain-based investment bank could raise about three times as much as it originally expected from its London listing later this month.

Gulf Finance House, an Islamic investment bank, will become the second Bahraini company in just over six months to list in London and the third in the market's history. It could raise as much as $300m (€224m) from the float, about three times the amount senior executives said the bank would raise earlier this year.

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