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Abu Dhabi Islamic Bank opens its first branch in Iraq

Posted on 30 July 2012

Abu Dhabi Islamic Bank , the second-largest Islamic lender in the United Arab Emirates (UAE), began operating its first branch in Baghdad this month, aiming to play a role in the development of private banking in Iraq, the bank said.
The OPEC country is slowly getting back on its feet nine years after the U.S.-led invasion that toppled former Iraqi leader Saddam Hussein and it needs foreign investment in virtually every sector to rebuild its dilapidated infrastructure………………………………………..Full Article: Source

 
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