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Dubai Islamic Bank paid $102m for Tamweel stake

Mon, 2011-04-04 09:03 — newsdesk

In the annual report of Dubai Islamic Bank there was stated that while UAE's biggest Islamic lender tried to push mortgage financing in Dubai, the lender paid $102m in order to buy a controlling stake in Tamweel. This information was given by Bloomberg.

Source: 

http://www.ameinfo.com/261025.html