Wednesday 04, April 2012 by Robin Amlôt

Three-way deal for new Islamic bank in Doha

The Saudi-based Islamic Development Bank (IDB), Dallah Albaraka Group of Saudi Arabia and Qatar Islamic Bank have signed an agreement to launch a new Islamic bank in Doha with a proposed capital of $1 billion. The three founders have subscribed to $500 million half of the new bank's capital.

Features & Analyses

Investments Boosting Bahrain's biscuits

Alan Smith, Managing Director, Gulf and Pakistan, Mondelez International discusses the company's $90 million investment in a Bahraini… read more