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DUBAI Investments PJSC, the leading diversified investment company listed on the Dubai Financial Market, has announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islamic financial institution with an initial paid-up capital
The new Islamic bank being set up by a group of investors led by Dubai Investments could raise up to $100 million within the first 12 months after its listing on Nasdaq Dubai, according to a senior official involved in the deal. Dubai Investments
Dubai Investments has announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islamic financial institution with an initial paid-up capital of $100 million.<br/><br/> The authorised share capital of Arkan Bank will be $500
Dubai Investments has announced that its private equity subsidiary Masharie LLC has divested its 50 per cent stake in Dubai International Driving Centre, Drive Dubai, for Dh35 million. <br/><br/> The stake sale generated an internal rate of return (IRR)