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PE firm buys 6.6pc of Jordan Dubai IslamicJordan-based private equity firm Foursan Group has acquired a 6.6 per cent stake in Jordan Dubai Islamic Bank (JDIB), making it the bank's second largest stakeholder, Foursan said on Thursday. The firm declined to disclose the monet More… |
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Jordan DIB trades on Amman bourseJordan Dubai Islamic Bank (DIB) made its market debut on the Amman stock exchange on Wednesday, nearly 18 months after UAE-based investors bought a majority stake in a local Jordanian bank and rebranded it. The UAE's Dubai Islamic Bank had More… |
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DIB gets Jordan banking licenceDubai Islamic Bank (DIB) said that Jordan-based Industrial Development Bank (IDB) has received a preliminary banking licence by the Central Bank of Jordan to operate as an Islamic financial institution. The new entity, Jordan Dubai Islamic More… |
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Consortium buys into Jordan bank, rebrands itA Jordanian-UAE consortium said it has signed an agreement to acquire 52 per cent of the Industrial Development Bank and rebrand it as Jordan Dubai Islamic Bank (JDIB). The alliance consists of Dubai International Capital (DIC), Dubai Isla More… |
