www.hurriyetdailynews.com - Dubai Sheik Mohammed bin Rashid al-Maktoum is selling his financial
assets in Turkey, which include Taib Investment Bank and Dubai Insurance
in order to concentrate on growth in the tourism sector, according to
daily Vatan.
An anonymous investment banker claims that
al-Maktoum wants to sell the assets due to the impact of the 2009 Dubai
debt crisis. Taib Bank was unable to grow due to the debt crisis and as a
result its branch in Turkey was unable to make the expected profits. (source)
Showing posts with label taib. Show all posts
Showing posts with label taib. Show all posts
Saturday, 28 April 2012
Subscribe to:
Posts (Atom)