Business Blog

Malaysia's Malayan Banking Bhd, the country's largest bank by assets, said on Thursday it planned to raise up to USD 5 billion via euro-commercial paper notes.

Malaysian state investor Khazanah Nasional Berhad has completed book building for a USD 500 million sukuk, exchangeable into shares of Tenaga Nasional Bhd.

Malaysian state investor Khazanah Nasional Berhad has completed book building for a USD 500 million sukuk, exchangeable into shares of Tenaga Nasional Bhd.

Moody's Investors Service forecasts governments will issue about USD 30 billion worth of Islamic bonds, or sukuk, in 2014 and increase the market size to around USD 115 billion by year-end.

SWIFT, in collaboration with The Association of Islamic Banking Institutions Malaysia (AIBIM) and the Malaysian Islamic financial community, today announces that it will launch a new rulebook for the usage of SWIFT MT messages for Islamic finance.

Canadian Specialist Hospital, one of the pioneers in the field of medical tourism in the UAE, has stated that Dubai has all the necessary attributes to become one of the world's best and cost effective medical tourism hub. Dubai is steadily reaching popularity as a dynamic hub for medical tourism in the region.