By Reuters
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DOHA (Reuters) - Qatar will launch an energy-focused Islamic lender in the fourth quarter with a capital of $10 billion (7.53 billion pounds) to finance global projects, an executive said on Tuesday.
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Energy Bank will be "the biggest Islamic bank of its kind in the world, offering funding for energy projects worldwide, and with a $10 billion capital under the umbrella of Qatar Financial Centre," said Khaled Al Suwaidi, chairman of the new bank.
(Reporting by Eric Knecht; Writing by Saeed Azhar; Editing by Louise Heavens)
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