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Islamic Finance Briefing - Categorized | Finance, Performance more

Dubai Investments Q1 net up 6.3pct

Posted on 14 May 2012

Conglomerate Dubai Investments posted a 6.3-per cent rise in quarterly net profit on Sunday and said the company was reviewing opportunities to divest some of its businesses.
The conglomerate wants to raise up to 1 billion dirhams this year through sale of a sukuk, or Islamic bond, to finance the expansion of its manufacturing units and repay debt………………………………………..Full Article: Source

 
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