Business Blog

Dr. Hamad S. Al Battal, a leading Saudi businessman, invited Saudi investors to invest in ABZ Agro Foods Ltd's new project "Halal Slaughtering & Buffalo Meat Production.

DUBAI, May 14 (Reuters) - Here are some factors that may affect Middle East stock markets on Wednesday. Reuters has not verified the press reports and does not vouch for their accuracy.INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Asian shares edge up, euro pressuredMKTS/GLOB* U.S. crude, Brent hit two-week highs on perceived stocks draw O/R* Gold edges up on Ukraine; platinum, palladium hold gainsGOL-RT

Qatar's Ooredoo has signed three Islamic loan facilities with local banks totalling USD 498 million, the telecommunications operator said.

(Repeats to more subscribers) * IFSB to release an updated t10-year framework for Islamic finance * To outline benchmarks to better track industry progress * Working on standards for Islamic reinsurance and capital markets * Also plans guidance for...

Natalie Schoon of British-based financial consultancy Formabb looks at ADF's successful model for Islamic financing for Afghanistan's agriculture sector.

The Islamic Financial Services Board (IFSB) will release an updated 10-year industry roadmap next week as it places greater emphasis on the implementation of its standards with regulators around the globe.