Business Blog

The World Bank's International Finance Corporation (IFC) is considering buying an equity stake in Pakistan's Bank Alfalah, the Karachi-based lender said in a statement.

Wednesday, May 21 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. To view the full PDF version of the briefing click here: tmsnrt.rs/1ndAsO8TOP STORIES Regulator backs ADIB purchase of Barclays UAE unit: CEOAbu Dhabi Islamic Bank has received regulatory approval fro

Motorola’s Middle East and Africa distributor, Redington Gulf, has shipped in 5,000 units of the US company’s flagship smartphone — Moto X — for its launch in the UAE.

It has been noted that the lion’s share of Lebanon’s summer festivals – the country’s yearly cavalcade of blue-chip performing talent and tourism dollars – are situated outside the capital.

Deyaar Development, a Dubai Financial Market-listed developer, has inked a deal with Dubai Maritime City to acquire 70,226.53 square feet of land located at the Marina District within the zone.

US property tycoon Donald Trump believes property prices in Dubai are slated to go up as they still are far below their previous peak.