Article: UAE government to set up Emirates Development Bank.

Global Banking News-25 June 2009-UAE government to set up Emirates Development Bank(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 25 June 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

United Arab Emirates government has approved a law to set up a new bank with capital of AED10bn (USD2.7bn), WAM, the official Emirates news agency has reported.

The government will invest AED5bn in Emirates Development Bank, ...

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