Shariah Saunas by Damac Boost Dubai Global Push: Islamic Finance
Damac Real Estate Development Ltd. is bolstering Dubai’s drive to lead the global Islamic economy with serviced apartments that are…
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Azerbaijan, Saudi Arabia to sign double taxation avoidance agreement
Azerbaijan and Saudi Arabia plan to sign an agreement on the avoidance of double taxation, as well as tax evasion,…
Sukuk a big hit
The latest monthly issue of Sukuk Al Ijara short-term Islamic leasing bonds received added subscription of more than 378 per…
Capital Intelligence affirms ratings of the National Commercial Bank
The rating is constrained by the bank's higher than average cost structure, its declining average capital ratios, and to some…
DIBPL launches 'Consumer Durable Finance' product
Dubai Islamic Bank Pakistan Limited has announced the launch of the first of its kind "Consumer Durable Finance" product, which…
Trade with Qatar is very strong: Singapore envoy
Qatar and Singapore trade volume has reached $8bn last year, a slight increase of 2% compared with the $7.8bn total…
DSI chief executive among founders of company planning Dh750m IPO
The chief of Drake & Scull International is among the founders of a new facilities management company that plans to…
HSBC Touts Kangaroo Bonds as Banks Look Down Under: Arab Credit
Middle East borrowers are increasingly weighing Australian-dollar bonds as they seek to tap one of the world’s biggest sources of…
Oman Arab Bank to advise Al Maha’s proposed 20m share offer
Oman Arab Bank's investment banking division is advising Al Maha Ceramics on its proposed initial public offering of 20 million…
Oman Arab Bank names top executive for Al Yusr Islamic unit
Oman Arab Bank management appointed Abdul Qader Al Bulushi as a general manager to head Al Yusr Islamic Banking. …
Natixis plans Middle East hiring spree to grow outside France
Natixis plans to increase staffing levels in the Middle East by 50 percent in 2014, a top executive of the…
Credit Agricole-Backed Saudi Bank Said to Plan $533 Million Bond
Banque Saudi Fransi, the Saudi lender part owned by Credit Agricole SA, is planning to raise about 2 billion Saudi…