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Islamic Finance Briefing - Categorized | Banking, People, Performance more

Noor Islamic may break even this year: CEO

Posted on 09 June 2011

Dubai’s Noor Islamic Bank could break even in 2011, a year ahead of target, and will consider merger and acquisition opportunities later to expand overseas, its chief executive said on Wednesday.
Business has been unaffected by the Middle East conflict and the bank posted a profit of Dh58 million ($16 million) in the first four months of 2011, Hussain Al Qemzi said………………………………………..Full Article: Source

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