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Islamic Finance Briefing - Categorized | Banking, Market Moves more

ADIB plans Mideast, North Africa growth

Posted on 15 February 2010

From Arabianbusiness.com: Abu Dhabi Islamic Bank expects double digit growth this year as it expands locally and into Iraq and Egypt to be among the top three sharia compliant lenders in the Middle East, its CEO said.

In an interview with Reuters, Tirad Mahmoud said: “We are definitely looking at double digit growth in 2010. The Abu Dhabi government has injected money into the economy and this will bring life into the banking system.”………………………………..Full Article: Source

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