Business Blog

H.E. Hamad Buamim: 10th World Islamic Economic Forum a huge success with participation of more than 3,000 delegates from 104 countriesEvent witnesses 150 bilateral meetings and signing of 12 MoUsDubai, UAE, October 29, 2014Dubai Chamber of Commerce and Industry has launched during the 10th Islamic Economic Forum in Dubai a new specialized unit to support research and studies on Islamic economy.Ann

29 October 2014 Dubai, United Arab Emirates: Citi Islamic Investment Bank (CIIB), a member of Citi, today released an independent qualitative research study that explores methods of encouraging and supporting growth within the Islamic financial sector.Among twelve areas of focus that could be pursued to enhance the growth prospects of the sector as a whole and lead to a new generation of Islamic F

Consumers are warned to be wary of "rip-off" payday middlemen, after the NatWest bank reports that it is receiving hundreds of new complaints every day.

* Investors hope for soothing Fed message* European stocks clouded by banks* Italian budget reliefBy Jamie McGeeverLONDON, Oct 29 (Reuters) - World stocks rose on Wednesday, lifted by corporate earnings and expectations that the U.S. Federal Reserve will indicate later in the day it won&apost raise interest rates for some time.European indices lagged their U.S. and Asian peers, however.Euro zone b

The number of mortgages being approved has fallen to its lowest level in more than a year, according to the Bank of England.

Yorkshire Building Society is fined £4.1m for failing to deal properly with customers who were falling behind on mortgage payments.