Business Blog

The opening session on the second day of the 10th World Islamic Economic Forum (WIEF), organized by the WIEF Foundation and the Dubai Chamber of Commerce & Industry, also highlighted the importance of developing a standardized documentation process to facilitate the growth of Islamic trade finance.

The asset management arm of Malaysia's Malayan Banking Bhd, the country's largest lender, has launched its first U.S. dollar-denominated mutual fund that invests in Islamic bonds.

The asset management arm of Malaysia's Malayan Banking Bhd, the country's largest lender, has launched its first U.S. dollar-denominated mutual fund that invests in Islamic bonds.

With majority of its users mostly transit passengers, Oman Air, has urged the need for simplified visa and immigration facilities for visitors to Muscat. As part of an initiative from the national flag carrier, the Royal Oman Police (ROP) may introduce an e-Visa system in the next two months.

Thursday, Oct 30 - 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.You can view the full IFG briefing via http://tmsnrt.rs/1tExuUo under IFG Briefings Subject.TOP STORIESLondon&aposs Battersea secures 467 mln pound Islamic financingLondon&aposs Battersea Power Station

Local and global real estate consultancies may be releasing reports that reveal rents declining in Dubai, but 53 per cent of respondents in a poll conducted by Emirates 24|7 said 'rents were rising'.Twenty one per cent of the respondents to the website's poll said rents declined by 10 to 20 per cent, while only 8 per cent said rents fell by 5 to 10 per cent.However, 18 per cent of the respondents