Business Blog

Oman's Golden Group lists $130mln debut sukuk

The first tranche pays a profit rate of 6.5%

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Saudi bank SABB's Q4 net profit rises 16.3%, misses forecasts

The bank, an affiliate of HSBC Holdings, said it made $188mln in the three months ending Dec. 31

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Malaysian firm adds Islamic certification to cryptocurrency

Malaysia-based firm HelloGold has received a sharia-compliant certification for its gold-backed cryptocurrency

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Saudi finance ministry sells $1.93bln of domestic sukuk

Last month, the ministry sold 5.85 billion riyals of domestic sukuk.

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Mideast stocks factors to watch on February 19

Here are some factors that may affect Middle East stock markets on Monday.

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Mideast factors to watch on February 18

World stocks post best week in 2 years, dollar climbs

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