Business Blog

Major Iranian food products receive Halal Food Standard label

Secretary General of Halal World Institute Abdol-Hossein Fakhkhari said major Iranian industrial food products have gained the Halal Food Standard label.

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DIFC Investments plans sukuk issue - IFR

DIFC Investments, the investment arm of the company running Dubai's financial free zone, is planning to issue sukuk, four bankers told IFR.

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New funding on the way for SMEs in Africa

The Islamic Corporation for the development of the private sector is at the forefront of a massive drive to support SMEs.

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Misr Insurance inks Helwan South Steam Power Plant's Policy with EGP10bn

An official sources in Misr Insurance Company revealed that the company will be signing today an insurance policy on Helwan South Steam Power Plant.

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Ras al-Khaimah sounds out banks for syndicated loan -IFR

Ras al-Khaimah (A/A) has sent out requests for proposals for a syndicated loan, according to three bankers, a move that casts doubt on whether a planned sukuk issue will now go ahead.

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Emirates secures USD425 Islamic loan

Emirates have secured a USD425 million shariacompliant loan from a group of UAE banks to finance the acquisition of two Airbus A380 aircraft.

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