BNP Joins Schroder Taking Indonesia's Islamic Stock Funds Global
BNP Paribas SA, Manulife Asset Management and Schroder Investment Management Ltd. have set up global Islamic stock funds in Indonesia,…
Trading, Broking & Stock Exchanges
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A pioneering spirit
1. What were the beginnings of what became the Euris Group? Five years ago, we had an idea to…
Standard Chartered slides into the red
Standard Chartered said it incurred a full-year loss last year after the price of some commodities fell to multi-decade lows.…
UAE budget deficit set to fall: NBAD
On the back of various measures to support government revenues, the UAE's budget deficit could fall to about four per…
Dubai urged to develop debt market for global Islamic economy hub ambitions
Dubai, through product innovation, and undertaking infrastructure enhancements to support primary market issuance and secondary trading, could develop its debt…
NBAD publishes its 'Global Investment Outlook 2016'
National Bank of Abu Dhabi, has published its 'Global Investment Outlook 2016', entitled 'Investment Strategies in Today's Volatile Markets', that…
S&P revises Qatar-Based Insurer Al Khaleej Takaful Group outlook to positive
The outlook revision follows a significant improvement of KTG's operating performance in 2015, which has strengthened the company's competitive position,…
Qatar Islamic Bank may use sukuk funding for M&A -chairman
Qatar Islamic Bank could use future sukuk issues to back a potential acquisition, its chairman told Reuters on Monday, after…
Vallianz taps into Saudi Sukuk market
Vallianz Holdings Limited has successfully entered the Sukuk market in the Middle East with its maiden Saudi Riyal denominated Sukuk…
Pound plunge seen having limited short-term impact in UAE
The British pound plunging to its lowst level since 2009 may have a limited short-term impact on the UAE. …
Saudi Arabia said to introduce floating rate bonds amid deficit
The Saudi Arabian government plans to start issuing floating-rate bonds to encourage local banks to buy its debt as it…
Credit growth slowed in 4th quarter
The domestic credit growth decelerated 2.3 per cent quarter-on-quarter in the third quarter of 2015 to 1.1 per cent in…