European Islamic Investment Bank Annual Report 2010
Dec | 2010
EIIB has always maintained a strong capital base (100% versus FSA regulatory minimum of 8%), and a highly liquid balance sheet (+70% versus regulatory minimum of -5%). With the deployment of capital under the new strategy, regulatory capital and liquidity ratios will be managed down in a tightly controlled manner to more efficient levels.
Riyadh and Dubai December 8, 2010 – HBG Holdings (“HBG”), a leading UK private equity firm specialized in the Middle East, has today announced that its petrochemicals platform, HBG Petrochemicals, has agreed to cooperate with Al Watania Plastics, a leading Riyadh based polymer processing company. The announcement was made at the sidelines of the Fifth Annual GPCA Forum being held in Dubai.