Business Blog

Dubai Islamic Bank in talks for Indonesia buy as profit doubles

The chief executive of Dubai Islamic Bank said it was in talks to buy a 40% stake in an Indonesian Islamic lender, as the bank eyes the world's most populous Muslim country to help diversify its revenues.

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© Zawya.com

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Dubai Islamic Bank in talks for Indonesia buy as profit doubles

The chief executive of Dubai Islamic Bank said it was in talks to buy a 40% stake in an Indonesian Islamic lender, as the bank eyes the world's most populous Muslim country to help diversify its revenues.

Copyright

© Zawya.com

  947 Hits

Dubai Islamic Bank in talks for Indonesia buy as profit doubles

The chief executive of Dubai Islamic Bank said it was in talks to buy a 40% stake in an Indonesian Islamic lender, as the bank eyes the world's most populous Muslim country to help diversify its revenues.

Copyright

© Zawya.com

  942 Hits

US STOCKS SNAPSHOT-Wall St opens flat after mixed data

NEW YORK, May 1 (Reuters) - U.S. stocks opened little changed on Thursday after a mixed bag of data gave traders scant reason to add to the previous day's gains that took the Dow industrials to a record closing high. The Dow Jones industrial...
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EBRD and IDB unit to launch USD120m SME fund for Arab states

The European Bank for Reconstruction and Development EBRD.UL and the private sector arm of the Islamic Development Bank ISDBA.UL will launch a USD120 million fund to support small businesses in the southern and eastern Mediterranean region.

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© Zawya.com

  1024 Hits

EBRD and IDB unit to launch USD120m SME fund for Arab states

The European Bank for Reconstruction and Development EBRD.UL and the private sector arm of the Islamic Development Bank ISDBA.UL will launch a USD120 million fund to support small businesses in the southern and eastern Mediterranean region.

Copyright

© Zawya.com

  932 Hits