Istithmar $900m investments
United Arab Emirates: Thursday, July 05 - 2007 at 06:01
Dubai's Istithmar will invest $900m buying a bank and a majority stake in an African airline, according to Gulf News. The investment firm will put about $700m into the bank venture as a co-investor, and $200m into the airline - which would undergo a major restructure, vice-chairman Kahlid Al Kamda is quoted as saying
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James McInerney, News EditorThursday, July 05 - 2007 at 06:01 UAE local time (GMT+4)
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