By bne Tehran bureau bne Tehran bureau The Saudi Investment Bank (SAIB) has denied entering into any merger or acquisition discussions with any party, the bank said in a statement to the Saudi stock exchange Tadawul on July 1. The announcement comes in compliance with Article 78(d) of the Securities Offering Rules and Continuing Obligations issued by the Capital Market Authority, the bank said. This denial follows recent media speculation about Kuwait Finance House’s intention to purchase a stake in SAIB. The Kuwaiti bank had previously refuted these rumours. SAIB’s shares fell by 1% in July 1…