Business Blog

Al Rayan Bank plans $352mln mortgage-backed sukuk

Al Rayan has appointed Standard Chartered and Masraf Al Rayan to arrange investor meetings

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Bahrain's Ithmaar Bank plans aggressive expansion in Pakistan

Bahrain-based Ithmaar Bank plans to add more than 100 branches in Pakistan this year.

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Mideast stocks factors to watch on January 29

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

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Kuwait Finance House's fourth-quarter net profit flat

Net profit was $154.6 million in the three months to Dec. 31

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Mideast factors to watch on January 28

Oil buoys Gulf markets, Qatar and Saudi lead

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Islamic finance body IFSB appoints new secretary general

Danbatta takes over from Jaseem Ahmed, who retired last year after six years at the helm of the IFSB

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