Business Blog

Goldman Sachs GS.N will meet fixed income investors next week ahead of issuing a potential U.S. dollar-denominated sukuk, a document from lead managers said on Thursday, the latest non-Islamic borrower to announcing sukuk plans.

Malaysia-based International Islamic Liquidity Management Corp (IILM) hopes to widen its membership base as it seeks feedback from the market on its Islamic bond issuance programme, its top executive said.

Malaysia-based International Islamic Liquidity Management Corp (IILM) hopes to widen its membership base as it seeks feedback from the market on its Islamic bond issuance programme, its top executive said.

Mobile phones will reach a staggering 7.3 billion by the end 2014 - meaning for the first time in history there will more mobiles than humans.

National Telecommunication Regulatory Authority (NTRA) approved to issue two licenses for international calls for Vodafone and Mobinil (EMOB) in the first stage of the unified license, according to sources inside NTRA.

Jordanians purchased property worth JD4.77 billion during the first eight months of this year, representing nearly 92 per cent of the overall trading value in the real estate market, according to official data.