Business Blog

Nigeria to offer liquidity support to boost Islamic banking

Nigeria's central bank said it is setting up two financial instruments to provide liquidity support to its non-interest paying lenders.
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Mideast stocks factors to watch on August 23

Here are some factors that may affect Middle East stock markets on Wednesday.
  698 Hits

Saudi Arabia nudges yields down in $3.5bln sukuk sale

Riyadh auctioned 1$3.5bln of local currency sukuk, with the offer 295 percent subscribed.
  642 Hits

Saudi Arabia sells $3.5bln of sukuk, offer 295% subscribed

Saudi Arabia's finance ministry said it had sold $3.5bln of local currency Islamic bonds in its latest monthly offer of sukuk, with the offer 295% subscribed.
  624 Hits

Mideast stocks factors to watch on August 17

Here are some factors that may affect Middle East stock markets on Thursday.
  636 Hits

Saudi Arabia plans to launch second local currency sukuk issuance next week

Saudi Arabia made its first offer of riyal-denominated sukuk, or Islamic bonds, in late July.
  590 Hits