11.10.2011 - Luxembourg boosts its role as Islamic finance centre
Qatar made a splash in Luxembourg with deals to buy two banks in a sign of the Stateís desire to make the Grand Duchy an Islamic financial centre in Europe. Hours after the French and Belgian governments announced the break-up of the Dexia banking group, Luxembourg announced that Qatar had decided to buy the troubled lenderís unit in the country, Dexia BIL..............................................Full Article: Source
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