Appetite for sukuk surges across the Gulf this year
Companies and governments in the Gulf sold Islamic bonds this year at the fastest clip since 2007, underscoring a trend…
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GCC Growth and Income Fund to gain from market optimism
NCB Capital has launched a new long-term open-ended fund investing in GCC Shariah-compliant companies that would generate stable dividends due…
Qatar Treasury bills to start trading on bourse
Qatar has completed procedures to list government debt instruments for trade on its securities exchange, to stimulate investment in them…
Islamic banking calls for technology change
As the sultanate gears up to roll out Islamic banking early next year, Omani banks are preparing to adopt necessary…
UAE is largest GCC investor in Turkey
The UAE has emerged as the largest Gulf investor in Turkey, accounting for more than half the total assets controlled…
Jim Rogers ‘Not Too Optimistic’ About World for Next 3 Years
International investor Jim Rogers says he is short emerging markets including Singapore, where he now lives. “I’m not too optimistic…
Credit card fees under UAE Central Bank scrutiny
A sharp expansion in fees imposed by banks in the UAE on credit card holders has prompted the central bank…
Dubai courts stay busy with debris of real estate crisis
As the financial free zone Dubai International Financial Center (DIFC) welcomed dozens of new banks and companies this year, the…
Islamic finance values hold key to innovation
In the aftermath of the global financial crisis which was precipitated inter alia by the conduct and perceived greed of…
World economy in dangerous situation: IMF chief
The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with…
World economy in dangerous situation: IMF chief
The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with…
Damac wins top global award for Park Towers
Dubai-based leading developer Damac Properties has won the top award in Best Mixed-Use Development category of the International Property Awards…