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Islamic Finance Briefing - Categorized | Investment, Market Moves more

MidEast firms eye $1.4 bln investment in Malaysia

Posted on 27 September 2010

From Reuters: A Middle East group led by Gulf Petroleum Ltd Qatar is looking to invest up to 5 billion ringgit ($1.4 billion) in Malaysia, as the country’s efforts in attracting the petrodollars appear to be paying off.
The group, which include investment and banking firms from Saudi Arabia, Kuwait, Bahrain and the United Arab Emirates, is eyeing investments in oil and gas, property and Islamic banking sectors, Gulf Petroleum President Abdul Aziz Hamad Al-Delaimi told reporters in the Malaysian capital on Monday……………………………………….Full Article: Source

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