Key angel investors regional HQ boost
The region's first entrepreneurs and angel investors networking association headquartered in Bahrain reinforces the kingdom's position as the regional hub,…
Trading, Broking & Stock Exchanges
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CBB Sukuk Al-Ijara Fully Subscribed
The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has…
Oman eyeing sukuk plan
Oman plans to sell its first sovereign Islamic bond, an issue of 200 million rials ($520m) of sukuk, through a…
Saudi Arabia to foster sukuk market as stocks open to foreigners
Opening its US$568 billion stock exchange to foreigners for the first time may be the push Saudi Arabia needs…
Saudi Arabia's Alkhabeer Capital launches Islamic investment advisory for awqaf assets
Alkhabeer Capital has announced the launch of its “Waqf” (endowment) program, intended to provide advisory services for structuring Waqf entities…
Dubai FDI targets Chinese investors at Dubai Week in China
Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), is participating in the inaugural…
Nasdaq Dubai Murabaha platform wins Euromoney award for innovation in Islamic Finance
Emirates Islamic and Nasdaq Dubai have announced that the Nasdaq Dubai Murabaha platform has won the prestigious Euromoney Award for…
Saudi Arabia: ‘meaningful’ foreign interest to come post MSCI inclusion
Equity markets in Saudi Arabia, slated to open for foreigners from June 15, may witness “meaningful interest” in terms of…
MSCI To Launch Saudi Arabia, GCC Indexes On June 1
MSCI has announced that it plans to launch MSCI Saudi Arabia Indexes as Standalone Market Indexes effective June 1, 2015,…
Al Masraf Bank wins prestigious Straight Through Processing Award
Al Masraf Bank,has been named as the winner of this year's Straight Through Processing Excellence. The award reflects the…
Govt fixed income risk ETF from Asia borrower set for QSE listing
An exchange traded fund based on government fixed income risk from an Asian borrower, which is among three such funds,…
GCC set to see rising level of renminbi transactions
The Gulf countries are set to witness an increasing level of Chinese currency transactions to support the growing cross-border trade…