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Dubai Islamic Bank says holding company sells stake in Jordanian bank

Wed, 2017-01-04 17:36 — newsdesk

Dubai Islamic Bank (DIB) sold its stake in Jordan Dubai Islamic Bank. DIB held 20.8% in Jordan Dubai Islamic Bank through a 40% shareholding in MESC Investments. MESC Investments had completed the sale of its stake in Jordan Dubai Islamic Bank to Jordan-based Bank Al Etihad and Etihad Islamic Investment Company. The value of the sale was not disclosed.

Source: 

http://www.reuters.com/article/dib-equity-bank-al-etihad-idUSL5N1EU0SN