| When Saad Iqbal left Deutsche Bank AG in Dubai two years ago as European banks scaled back amid the debt crisis, he turned to Riyadh, where a construction boom was making Saudi Arabia a hub for project finance.
Dubai said in January it would create an Islamic finance council to regulate equity and fixed-income products to boost the industry’s role in the economy. Islamic bonds sales in the emirate have jumped almost 50 percent this year...........................................Full Article: Source
|