Browse
related articles
Dubai Islamic Bank soars on expansion plans
- United Arab Emirates: Sunday, May 05 - 2013 at 13:57
The Dubai Financial Market General Index continued to rally Sunday by closing 1.88% higher at 2,168.80 points on record high turnover. Some 720m shares valued at Dhs784m changed hands. Dubai Islamic Bank gained 3.10% to hit Dhs2.99. Earlier in the day, Gulf News reported the oldest Shari'ah-compliant bank in the GCC eyed double-digit growth which would allow it acquire other financial institutions in Asia, citing officials. Arabtec Construction fell 0.50% to Dhs2.12. Earlier in the day, Arabtec said it won a contract from Emaar (up 1.28% at Dhs5.54) to build 253 villas for Dhs243m in the Casa project which is part of the Arabian Ranches 2 development.
Related Content
Article Options
Gérard Al-Fil, Financial JournalistSunday, May 05 - 2013 at 13:57 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
