Business Blog

Dubai International looking to take top spot from Heathrow in 2014

Dubai International is eyeing the number one spot for international passenger traffic in 2014 after finishing second behind London Heathrow last year.

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Al Futtaim Group secures USD1b for Doha venture

Al Futtaim Group Real Estate has secured a USD 1 billion (AED 3.67 billion) loan facility for the Doha Festival City development.

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Sukuk issuance in Gulf region declines

Issuance of corporate and infrastructure sukuk (securities that conform with Islamic law) has trended downward this year in the Gulf region and Malaysia, despite continued supportive market conditions such as low interest rates and appetite from investors.

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Saudi's Advanced Petrochemical seeks shareholder nod for sukuk

Saudi Arabia's Advanced Petrochemical Co will seek shareholder approval next week to issue sukuk, helping it widen its funding sources, the company said in a bourse filing.
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Saudi's Advanced Petrochemical seeks shareholder nod for sukuk

Saudi Arabia's Advanced Petrochemical Co will seek shareholder approval next week to issue sukuk, helping it widen its funding sources, the company said in a bourse filing.
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ICD, BTMU Malaysia sign financing deal

The USD 100 million commodity murabahah will finance projects in member countries.

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