Business Blog

Investment Corporation of Dubai, government's main investment arm, is likely to issue its planned U.S. dollar-denominated bond this month.

The potential sukuk issue would be part of the company's $2 billion sukuk programme.

* Saudi rebounds on firmer crude oil* Dubai pulls back as volumes spike* Abu Dhabi banks mixed but index closes down* Egypt&aposs blue chip index slips but broader market firmBy Celine AswadDUBAI, Nov 22 (Reuters) - Saudi Arabian stocks rebounded on Tuesday as oil prices hit a one-month high, outperforming other stock markets in the Gulf where traders booked profits.Egypt&aposs main index pulled b

Turkey's main stock exchange, Borsa Istanbul, and the Islamic Development Bank will sign on Wednesday a memorandum of understanding for a strategic partnership.

Abu Dhabi Islamic Egypt chief executive Nevine Lotfy died

The Islamic bond will be Etihad's debut U.S dollar debt sale