Business Blog

Sunday, November 20, 2016 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. To view the full IFG Briefing click here: http://tmsnrt.rs/2fQRiBsWEEKLY WRAP-UPFEATURE Prospects of a fourth Islamic bank in Tunisia should give additional push for sovereign sukuk Tunisia&ap

* Saudi sags in third session of profit-taking * Banks main losers, petchems weak despite bounce in crude * Abu Dhabi banks recover following denial of merger talks * Shuaa Capital surges as new stakeholder seen as positive * Egypt hits another 8-yr...

HSBC, JP Morgan and National Bank of Abu Dhabi are the arrangers

Abu Dhabi's stock market index rebounded in early trade on Monday

Shares favoured by foreign funds in Dubai and Qatar may come under selling pressure

Shares of three of Abu Dhabi's top lenders pulled back on Sun after the banks denied they were in merger talks, while Saudi shares were hit by profit taking.