IslamicFinance.de

Babu Das Augustine reported in Gulf News on 26 March that Noor Investment Group, the parent company of Noor Islamic bank, announced a 50:50 joint venture with Adventity BPO India Pvt Ltd. Adventity is an Indian business process outsourcing firm. Both parties aim to set up a business process outsourcing (BPO) facility in Dubai Outsource Zone with a seed capital of Dh50 million targeting Middle East and North Africa region focussing on the financial services outsourcing business.
 
While Noor Islamic Bank and other new ventures from the Noor Investment Group will utilise the BPO services from the new joint venture entity, Adventity already has signed up more than 12 clients in the region.
 
http://archive.gulfnews.com/business/Technology/10200278.html