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Emirates Islamic Bank

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UAE’s emirates Islamic bank prices $500 million sukuk

Sukuk is EIB's second debt sale this year; Islamic bond priced at 310 bps over midswaps with 4.147 pct coupon; Tight pricing suggests strong demand for issue

July 4, 2012 6:13
 
Dubai's ENBD Seeks Approval to Merge Islamic Units-Sources

Dubai's ENBD Seeks Approval to Merge Islamic Units-Sources

Emirates NBD, Dubai's largest lender, is seeking approval from three government bodies to merge its two Islamic banking units, sources told Reuters on Monday.

April 9, 2012 4:53
 
Let’s be fair

Let’s be fair

Or: The story they begged me to write, Part Two. Are all retail banks in the UAE as bad as each other?

March 15, 2011 2:08