Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

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August 2006

Dubai Financial buys into Malaysian bank

by Kathryn Wells

Dubai Investment Group subsidiary Dubai Financial has bought a 40% stake in Malaysia’s oldest Shariah-compliant bank, Bank Islam Malaysia Bhd (BIMB) – the group’s largest single investment in the Asian financial sector to date.


The sale was conducted via a restricted issue of shares. DIG is the global financial investor of Dubai Holding, which was launched in October 2004 to...


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