Business Blog

King & Spalding advised Turkiye Finans Katilim Bankasi A.S., one of the leading Turkish participation banks, in relation to the issuance of US$500 million senior unsecured certificates due 2019, listed on the Irish Stock Exchange.

International equity index compiler MSCI will cut the weightings of eight major Qatar and United Arab Emirates stocks when it upgrades those countries to emerging market status, according to a document seen by Reuters.

International equity index compiler MSCI will cut the weightings of eight major Qatar and United Arab Emirates stocks when it upgrades those countries to emerging market status, according to a document seen by Reuters.

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Jordan Islamic Bank, JOIB.AM , a subsidiary of Bahrain-based Al Baraka Banking Corp BARKA.BH , reported first-quarter net profit of 10.4 million dinars ($14.7 million) on Monday, the same level as the year-ago period.