Business Blog

Indonesian government plans to issue global bonds, samurai bonds and global sukuks early next year before the U.S. Federal Reserve starts increasing interest rate.

The United Arab Emirates' flydubai has mandated CACIB, Dubai Islamic Bank, Emirates NBD, HSBC, NBAD, Noor Bank and Standard Chartered to arrange a series of fixed incoming investor meetings for a potential dollar-denominated benchmark sukuk.

The United Arab Emirates' flydubai has mandated CACIB, Dubai Islamic Bank, Emirates NBD, HSBC, NBAD, Noor Bank and Standard Chartered to arrange a series of fixed incoming investor meetings for a potential dollar-denominated benchmark sukuk.

Dubai Aviation Corp has chosen banks to arrange meetings with investors starting Thursday ahead of a potential issue of benchmark dollar sukuk, a document from lead managers said.

Dubai Aviation Corp has chosen banks to arrange meetings with investors starting Thursday ahead of a potential issue of benchmark dollar sukuk, a document from lead managers said.

ISTANBUL, Nov 11 (Reuters) - Bank Asya&aposs net loss in the third quarter was due to higher loan provisions as it sought to increase its asset quality, and the Islamic lender&aposs operations are continuing "healthily," the Turkish bank said in a statement on Tuesday.Bank Asya fell to a 301 million lira ($133 million) net loss in the third quarter from a 60 million lira profit a year earlier as i