Business Blog

* Eight banks to arrange roadshows from Jan. 8 - statement* Perpetual dollar Tier 1 sukuk may follow* CEO said Oct. DIB needed capital boost after strong growth* Likely first Gulf bond deal of 2015(Adds details, background, data, context)DUBAI, Jan 6 (Reuters) - Dubai Islamic Bank DISB.DU said on Tuesday it picked eight banks to arrange roadshows from January 8 for a potential benchmark size dolla

ABU DHABI, 6th January, 2015 (WAM) -- The Social Solidarity Fund for Employees of the Ministry of Interior has entered into agreement with the Al Hilal Takaful Insurance Company to provide insurance coverage for employees and police leadership of the...

Dubai Islamic Bank said on Tuesday it picked eight banks to arrange fixed income investor meetings from Thursday for a potential benchmark size dollar-denominated capital-boosting sukuk issue.

Dubai Islamic Bank said on Tuesday it picked eight banks to arrange fixed income investor meetings from Thursday for a potential benchmark size dollar-denominated capital-boosting sukuk issue.

Gulf stock markets may come under more selling pressure on Tuesday after Brent crude oil plunged 5 percent on Monday.

* Oil prices hit 5-1/2-year lows* Commodity-linked shares lead stock declines* Euro hits near 9-year low vs dollar on "Grexit" fears* U.S. long-dated yields hit multi-year lows(Updates to open of U.S. markets; changes byline; dateline previously LONDON)By Sam ForgioneNEW YORK, Jan 5 (Reuters) - Equity markets worldwide tumbled on Monday, led by commodity-linked shares as oil prices fell to 5-1/2-y