Business Blog

Pakistan will issue dollar-denominated sukuk soon -finmin

Pakistan will soon issue an Islamic bond denominated in dollars, after the success of its recent dollar-denominated international bond, Finance Minister Ishaq Dar said on Wednesday.

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Umrah pilgrims are free from coronavirus: Qadi

Umrah pilgrims are being protected by a system of integrated preventive health protection measures against Middle East Respiratory Syndrome (MERS), most commonly known as coronavirus.

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UAE FNC member questions mortgage rules

A member of the Federal National Council questioned the role played by the central bank in monitoring real estate appraisals — written estimates of a property’s market value, based on recent sales information for similar properties, the condition of the property and how the neighbourhood might affect future property value.

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DDED, Dubai Courts launch joint Smart Government project

The Dubai Department of Economic Development (DDED) and Dubai Courts have jointly launched a project to transform all public dealings to an online format.

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USD125m real estate fund woos GCC investors

RiverCrossing Capital Partners, an alternative investment management firm dedicated to providing Shariah-compliant investment opportunities to GCC investors, has announced the launch of the firm with its inaugural USD 125 million RiverCrossing Alternative Real Estate US fund.

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Housing allowance 'highest in Qatar'

With rents rising at an unprecedented pace in Qatar, housing allowance by companies to employees have also surged.

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