FAAIF Brings Islamic Finance to the United States
FAAIF CEO Camille Paldi says the potential for Islamic finance, sukuk, and takaful is huge in the United States. FAAIF…
Trading, Broking & Stock Exchanges
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Iranian investment scene 'improving' as relations thaw
International investors looking to exploit opportunities in Iran have been meeting for the first time in concert since the country's…
Expatriates In Oman Remitted $9.1BN Last Year: World Bank
Expatriates in Oman sent home US$9.1bn while the country received US$39mn as remittance last year, according to the latest World…
CBB's Sukuk Al-Ijara oversubscribed by 385%
The Central Bank of Bahrain on Wednesday announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara,…
First Gulf Bank Sells 45% Stake In Brokerage
First Gulf Bank, the second largest lender by market capitalisation in the United Arab Emirates, on Wednesday said it was…
Flydubai says in talks with advisors for debut sukuk
Low-cost airline flydubai is in talks with advisers for a potential bond issuance, after reports that the carrier had mandated…
Banking sector and fiscal policy
Saudi money supply growth touched a 13-month high recently, prompting the Saudi Arabian Monetary Agency to step up the…
Commercial Bank Of Kuwait To Sell 120 Million Dinar Bond
Commercial Bank of Kuwait has announced plans for a 120 million dinar ($416 million) bond sale that would boost its…
GCC to lead growth in sukuk market
Global Islamic bond sales are expected to grow by 5 per cent this year, led by Arabian Gulf issuers amid…
Emirates NBD Asset Management strengthens Emirates NBD SICAV platform with launch of eight new funds
Emirates NBD Asset Management Limited the asset management arm of Emirates NBD , a leading bank in the region, has…
Saudi Debt Law No Lure for Wary Investors
A lack of transparency could yet derail Riyadh's plan to open kingdom's debt capital market to foreigners. Saudi Arabia’s…
Swicorp and Nesaj Announce Successful Closing of "Al-Dhawahi Real Estate Development Fund"
Swicorp a leading Saudi investment banking, private equity and asset management firm focused on the MENA region and Turkey announced…