Business Blog

Malaysia's Securities Commission has tightened rules on bai inah, a popular but divisive Islamic financing contract, in a fresh sign that standards in the world's two main centres for sharia-compliant banking are slowly converging.

Malaysia's Securities Commission has tightened rules on bai inah, a popular but divisive Islamic financing contract, in a fresh sign that standards in the world's two main centres for sharia-compliant banking are slowly converging.

Malaysia's Securities Commission has tightened rules on bai inah, a popular but divisive Islamic financing contract, in a fresh sign that standards in the world's two main centres for sharia-compliant banking are slowly converging.

Etihad Airways officially opened its new First and Business Class Lounge at Sydney's Kingsford Smith International Airport - the airline's first in Australia and the newest addition to its collection of premium lounges worldwide.

The Abu Dhabi Urban Planning Council (UPC) announced today that 13 development projects covering over four million sq.m. were approved during the first quarter of the year, with 70% of that being residential.

Average lease rates rose 4.5% in Q1; rates set to go up further.