(Adds analyst comment.) Of ZAWYA DOW JONES DUBAI (Zawya Dow Jones) — Persian Gulf investors plan to launch a new $10 billion Islamic bank by year-end in Bahrain, Adnan Ahmed Yousif, Chairman of Union of Arab Banks said Sunday. The institution will be called “Istikhlaf Bank” and its shares will be listed on the Bahrain Stock Exchange and Nasdaq Dubai via an initial public offering, he said. “We …

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