The Diamond Division of Belgian bank ABN Amro concluded a strategic deal with Dubai Islamic Bank (DIB) committing to provide finance packages for international gold and diamond businesses venturing into Dubai’s new Metal and Commodities Center (DMCC).
The Antwerp-based diamond and jewelry financier will also offer through DIB Islamic financing, fully compliant with Islamic law (Sharia). Dubai's is aiming to become a regional diamond hub, catering to the United Arab Emirates (UAE) and Middle East jewelry markets. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
