From Arabianbusiness.com: Noor Islamic Bank remains on track to break even by 2012 despite challenges in the banking sector due to Dubai World’s financial woes and new worries over Dubai Holding, said Noor Islamic’s chief executive on Wednesday.
The company has no exposure to Dubai World and less than 2 percent exposure to Dubai Holding, which some analysts fear could be the next entity to face a large scale restructuring, said Hussain Al Qemzi in an interview with Reuters……………………………………..Full Article: Source