Oman sovereign fund boosts buying of local stocks
Oman's State General Reserve Fund (SGRF) has boosted its buying of shares in the local stock market as prices have…
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Macedonia seeks Saudi investment
The visiting Macedonian Prime Minister Nikola Gruevski called on the Saudi businessmen in Riyadh on Monday to invest profusely in…
Issuance of corporate sukuk has gradually emerged in Turkey
Turkish Islamic lender Turkiye Finans Katilim Bankasi has applied to issue 143 million lira via sukuk, or Islamic bonds according…
Jordan Islamic Bank's ratings affirmed on 'Stable' Outlook
Capital Intelligence has affirmed Jordan Islamic Bank's Long and Short-Term Foreign Currency Ratings at 'BB-' and 'B', respectively. JIB's FCRs…
RAM Ratings assigns gAA3(pi) rating to Qatar
RAM Ratings has assigned respective gAA3(pi)/stable and seaAAA(pi)/stable global- and ASEAN-scale sovereign ratings to Qatar. The ratings are premised on…
NBAD Sukuk income fund delivers 2.33 per cent dividends
The National Bank of Abu Dhabi NBAD’s Sukuk Income Fund has earned a total income of $798,923.60 which is equivalent…
The important role of sukuk in the Basel III era
The implementation of Basel III rules has created several challenges to Islamic financial institutions (IFIs) especially with regards to capital…
Gulf Capital to help Amana Healthcare with expansion
Gulf Capital has unveiled an investment in Amana Healthcare, with a view to helping the specialised care provider to expand…
John C Tsang, Financial Secretary of Hong Kong, rings bell to celebrate listing of Sukuk valued at AED 3.67 billion on NASDAQ Dubai
John C Tsang, the Financial Secretary of Hong Kong, today rang the market bell to celebrate the listing of a…
Songbird Bidders Get A Firm Acceptance; Qatar Names Third Director
The bidders for Songbird Estates PLC on Thursday said they have now received irrevocable undertakings from a major shareholder in…
Abu Dhabi Global Market forms panel of 16 financial institutions
Abu Dhabi Global Market, the international financial centre in Abu Dhabi, today announced that its Pre-Open Market Consultation is underway…
Abu Dhabi Financial Zone Prepares To Receive Licence Applications
Abu Dhabi’s new financial free zone is preparing to receive next year its first licence applications from firms seeking to…