Islamic bonds are outperforming emerging-market debt for a second month as new note sales rebound, Malaysia boosts spending on roads and power plants and confidence returns to the Persian Gulf.
Islamic debt sales increased 34 percent in the second half…
Global total Sukuk issuance increased to $27.9 billion in the first nine months of 2010, 62.3 percent higher than in the same period last year.
The report forecast that the Sukuk market in 2011 would be driven by the recovery made in the global economi…
NCB Capital will continue its plan to expand its asset management and brokerage services throughout 2011 as the largest investment bank in the Kingdom works to increase its market share in the Arab world’s largest economy.
In February, NCB Capital la…
The Board of Directors of the African Development Bank (AfDB) approved on Friday 17 December 2010 in Tunis, a €70-million senior loan to finance construction of the Blaise Diagne International Airport on a new site located 45 km east of Dakar in Sene…
Die Finanzkrise in ihrem Land lässt die Iren nach Aussage von Zahnärzten vermehrt mit den Zähnen knirschen. Dermot Canavan von der irischen Zahnärztevereinigung sagte gestern, seine Kollegen und er hätten bei ihrer täglichen Arbeit mit einer stark zunehmenden Zahl von zähneknirschenden Patienten zu tun. Aus Gesprächen würde klar, dass viele der Patienten finanzielle Sorgen hätten. […]
The construction and real estate sectors in Dubai have seen a decrease of almost 5%.
Opportunistic investment funds see a 6 month window to capitalize on Dubai’s growing inventory of distressed commercial and residential property, often sold below orig…
Country Head, Al-Baraka Bank (Pakistan) Limited, Shafqat Ahmed informed business community that it is very possible to start issuing credit cards by 2011.
Al-Baraka Bank was also working on some new products including personal loan, which will probably…
Fitch Ratings has upgraded Turkey-based Asya Katilim Bankasi A.S.’s (Bank Asya) Long-term Foreign Currency and Local Currency Issuer Default Ratings (LT IDRs) to ‚B+‘ from ‚B‘ and Kuveyt Turk Katilim Bankasi A.S’s (Kuveyt Turk) Long-term Local Currency…
CIMB Group Holdings Bhd. is seeking to boost its business in the Persian Gulf to fight off HSBC Holdings Plc’s challenge to its dominance.
CIMB’s only Persian Gulf deal this year was a $125 million sale in October for a unit of Saudi Arabia’s Isl…
Kuwaiti Islamic firm Investment Dar appointed a new panel of creditors to negotiate its debt restructuring after a previous committee quit over a disagreement.
Four banks from the previous group remain on the coordinating committee and will be joined b…
