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Islamic Finance Briefing - Categorized | Investment, Market Moves more

Al-Habtoor Group eyes stakes in UK banks

Posted on 20 August 2009

From Tradearabia.com: Dubai-based Al Habtoor Group, a stakeholder in Barclays, has up to $1.3 billion to invest in British banks and hotels in Europe, its chairman said on Wednesday.

The company, one of the United Arab Emirates’ largest family businesses, was one of several Middle East investors that bought into Barclays in 2008 as the lender looked to boost its capital to weather the financial crisis………..Full Article: Source

 
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