Archive for: April, 2012

TCW Lands an International Partnership

TCW Lands an International Partnership

TCW will oversee NCB Capitals international equity funds and expand distribution of NCB products and services internationally.
TCW was selected from a field of other contending US asset managers for its leadership in US markets.
TCW will operate three …

Expat family lands up in vicious debt trap

Expat family lands up in vicious debt trap

Indian expat KM is a typical example of a dream gone very wrong.
Initially, their dream was safe. Her husband earned enough and even bought a property in Goa, after borrowing from a local bank and an Indian bank.
But once the recession hit, their lives…

Natural Capital Declaration a statement by the financial sector demonstrating itscommitment at the Rio+20 Earth Summit

Natural Capital Declaration a statement by the financial sector demonstrating itscommitment at the Rio+20 Earth Summit

Who will be the first Islamic financial institution to become signatory of the Natural Capital Declaration? „The Natural Capital Declaration is a statement by the financial sector demonstrating our commitment at the Rio+20 Earth Summit to work towards…

DIB repays $750m sukuk from own resources

DIB repays $750m sukuk from own resources

Dubai Islamic Bank (DIB) has repaid in full a $750 million (Dh2.75 billion) five-year sukuk which matured on March 22 from its own sources, prooving the bank’s financial strength and comfortable liquidity position.
The sukuk was launched in 2007, thr…

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