Business Blog

Dubai Trade signed an agreement with Noor Takaful that will give Dubai Trade customers access to an Islamic insurer for the first time, and a wide choice of marine and cargo insurance providers through Tradeshield platform that allows customers to complete the end-to-end process of purchasing cargo insurance online.

* Dow, S&P 500 set closing highs * Oil falls as market doubts OPEC production cut * U.S. Treasury yields drop on weak economic data (Adds U.S. market close) By Herbert Lash NEW YORK, Nov 26 (Reuters) - The dollar fell on Wednesday after disappointing...

* Wall St slightly above break-even, near records * Oil falls as market doubts OPEC production cut * U.S. Treasury yields drop on weak economic data (Adds oil settlement prices, final 2 paragraphs) By Herbert Lash NEW YORK, Nov 26 (Reuters) - The...

The International Finance Facility for Immunisation Co., for which the World Bank acts as treasury manager, plans to sell a dollar-denominated Islamic bond on Thursday, a document from arranging banks showed.

The Islamic Republic of Pakistan has set the final yield on a five year dollar benchmark sukuk at 6.75%, according to a lead.

The private sector arm of the Jeddah-based Islamic Development Bank plans to tap Islamic capital markets to raise as much as USD 1.2 billion in long-term funds during its current financial year.