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Seera Investment Bank, Bahrain-based Islamic investment bank, said it had concluded $200 million (Dh734.64m) acquisition of United Kingdom's leading water treatment solutions provider BWA Water Additives. Emirates Business 24/7 - 01Dec 05:06GMT -
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Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and CEO of Emirates Group and Chairman of Noor Islamic Bank, on Sunday inaugurated Noor Islamic Bank's 10th full service branch in Terminal 3 at Dubai International Airport. Gulf News - 01Dec 04:30GMT -
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The Islamic Development Bank (IDB) signed two agreements with Egypt to provide US$169 million to finance two projects for electricity and bird flu vaccine production. Saudi Press Agency - 30Nov 11:14GMT -
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Rasameel Structured Finance Company, a leading Kuwaiti capital markets institution has been granted a Licence to operate as an Islamic Investment Bank in the Dubai International Financial Centre (DIFC) by the Dubai Financial Services Authority (DFSA). Press Release - 30Nov 10:47GMT -
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Al Salam Investment partners with HSH Nordbank to offer new model as experts look to Sharia principles to free stalled global liquidity. Press Release - 30Nov 10:06GMT -
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Alaswaq Alarabiya, the online business and finance presence of Al Arabiya News Channel, is in the preparation for launching the first of its kind e-portal dedicated to Islamic finance products and services. Press Release - 29Nov 07:16GMT -
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Gulf-based Islamic banks, which have displayed resilience amid the current global financial turmoil, will see a slowdown in asset growth next year, ratings agency Moody's said in a report. Gulf News - 29Nov 05:23GMT -
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The Jeddah-based Islamic Development Bank (IDB) has unveiled plans to help some Muslim countries overcome the impact of global financial turmoil. Gulf News - 29Nov 05:20GMT -
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Moody's Investors Service placed Tamweel PJSC's A3 long-term and Prime-2 short-term issuer ratings on review with direction uncertain. Press Release - 28Nov 10:17GMT -
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The Islamic Development Bank (IDB) will issue Sukuk (Islamic bonds) in order to collect funds from the international market place so as to support member countries affected by the global financial crisis. Khaleej Times - 28Nov 06:48GMT -
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