Dubai Islamic Bank gets licence for Kenya operations
The Central Bank of Kenya (CBK) has licensed DIB Kenya - owned by the United Arab Emirates’ largest Shariah lender Dubai Islamic Bank - to carry out business in the country.
The Central Bank of Kenya (CBK) has licensed DIB Kenya - owned by the United Arab Emirates’ largest Shariah lender Dubai Islamic Bank - to carry out business in the country.
The Kenyan Government on Monday launched an online information portal that seeks to showcase a number of key development projects it has achieved since it came into power in 2013.
Kenya’s GDP growth is projected to decelerate to 5.5%, a 0.5 percentage point mark down from the 2016 forecast, according to the World Bank’s Kenya Economic Update (KEU) released in Nairobi today.
Only 5,692 investors bought the debut phone-based bond worth Sh150 million whose sale closed yesterday, having met the target ahead of time.