DIFC Investments, the investment arm of the Dubai International Financial Centre, has acquired a 2.2 percent stake in Deutsche Bank.
According to publicly available market data, that makes it one of the largest shareholders in the global investment bank.
“This is another strategic investment for DIFC and comes as a further step in the enhancement of our portfolio,” says Omar Bin Sulaiman, governor of the DIFC and chairman of DIFC Investments. “We believe Deutsche Bank has a very solid, sustainable global growth strategy and the right management team to deliver on that strategy.”