Business Blog

DUBAI, June 12 (Reuters) - Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch of their accuracy.INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Asian shares retreat, oil near 3-month high on Iraq concerns MKTS/GLOB* Brent crude up near $110 on Iraq supply disruption fearsO/R* Palladium steady near 13-1/2 year high on su

A British government investment scheme could become a platform for Islamic financial investments in the country, says a company which is using the scheme to establish a small solar power plant.

One of the world's oldest insurance brokers, Willis Group Holdings WSH.N , will offer sharia-compliant commercial real estate coverage in Britain for the first time, helping address capacity constraints in the Islamic insurance (takaful) sector.

DUBAI, June 11 (Reuters) - Pricing guidance for a ten-year sukuk issue by Emaar Malls Group, a unit of Dubai&aposs Emaar Properties EMAR.DU , was tightened further on Wednesday, with final guidance issued at 185 basis points over midswaps plus or minus 2.5 bps, a document from lead arrangers said.The size of the issue will be $750 million, the document showed.On Tuesday Emaar Malls, which also pla

Pricing guidance for a ten-year sukuk issue by Emaar Malls Group was tightened further on Wednesday, with final guidance issued at 185 basis points over midswaps plus or minus 2.5 bps, a document from lead arrangers said.

Albaraka Turk, a major unit of Bahrain-based Al Baraka Banking Group, will start fixed income investor meetings in Asia, Europe and the Middle East on Friday, a document distributed by lead arrangers said.