Sunday, 11 May 2008

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Dubai creates $10bn Islamic investment firm

Dubai creates $10bn Islamic investment firm

Islamic Finance
Dubai Holding establishes Dubai Banking Group to invest in emerging markets.

Nakheel eyes debt, foreign buyouts
Islamic Finance
Dubai-owned developer plans to tap debt market again before end of year, chief executive says.

RAK plans $2bn Islamic bond sale
Islamic Finance
UAE emirate plans five-year sukuk sale, proceeds to be used to fund infrastructure projects, source says.

Increased lending boosts Dubai Islamic profit
Islamic Finance
Bank sees Q1 profit rises 31% to $151.4mn, helped by lending to UAE's realty sector.


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