Business Blog

Barwa Bank appointed as Joint Lead Manager for debut UK Sovereign Sukuk

Barwa Bank, Qatar's fastest growing Shariah compliant bank, has been appointed as one of five Joint Lead Managers for the UK's GBP 200 million debut Sovereign Sukuk, a landmark transaction that will see the first Shariah compliant issuance by a western nation.
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Jubail residents to get 4,000 new housing units

The Royal Commission of Jubail has issued housing certificates for more than 4,000 housing units in Jalmoudah neighborhood in Jubail Industrial City, belonging to private sector projects.

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US STOCKS SNAPSHOT-Tech leads Wall St higher but DuPont drags

NEW YORK, June 27 (Reuters) - U.S. stocks ended higher on Friday, led by gains in technology shares, but DuPont's downbeat second-quarter and full year forecasts kept a lid on gains. The Dow Jones industrial average .DJI rose 5.71 points or 0.03...
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Europe shares post first weekly loss since April

* FTSEurofirst 300 up 0.1 pct, Euro STOXX 50 down 0.2 pct * Euro STOXX 50 hits support on 50-day moving average * Buying convertibles seen good way to avoid pull-backs * Barclays halts sell-off sparked by U.S. dark pool lawsuit * Reuters poll shows further equity gains expected in H2 By Blaise Robinson PARIS, June 27 (Reuters) - European stocks ended slightly h
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Europe shares set to post 1st weekly loss since April

* FTSEurofirst 300 flat, Euro STOXX 50 down 0.2 pct * Euro STOXX 50 hits support on 50-day moving average * Buying convertibles seen good way to avoid pull-backs * Barclays halts sell-off sparked by U.S. dark pool lawsuit * Reuters poll shows further equity gains expected in H2 By Blaise Robinson PARIS, June 27 (Reuters) - European stocks were steady on Friday,
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US STOCKS SNAPSHOT-Wall St ticks down at open, DuPont weighs

NEW YORK, June 27 (Reuters) - U.S. stocks edged lower at the open on Friday, with materials weighing the most after DuPont lowered its quarterly and yearly outlooks. The Dow Jones industrial average .DJI fell 18.4 points, or 0.11 percent, to...
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