Islamic Development Bank Unit Will Open Regional Office in Dubai

Islamic Development Bank, a Jeddah- based multilateral lender, will open a regional office for one of its units in Dubai, the United Arab EmiratesFinance Ministry said.

The unit, the Islamic Corporation for the Insurance of Investment and Export Credit, will set up an office in the Dubai International Financial Center, according to a statement on the ministry’s website.

To contact the reporter on this story: Dana El Baltaji in Dubai

To contact the editor responsible for this story: Claudia Maedler at

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.