Business Blog

Dubai-based entertainment venue IMG Theme Park has successfully closed a 1.2 billion dirham (USD 327 million) syndicated Islamic facility, as the company prepares for an increase in the influx of tourists into the emirate.

The takaful industry in the Gulf Cooperation Council (GCC) countries will maintain its growth path in the next five years, but competition, operational issues and lack of qualified talent continue to pose challenges, experts told Gulf News on Monday.

Delaware, USA: Yurizk, the leading online provider of Islamic Finance education information has launched the first online leadership program for developing entrepreneurship in Islamic Finance and Halal sectors. The program will be held from May 4 to June 8, 2014 and will be delivered as live online coaching program.

Rushdi Siddiqui to endorse connectivity between Islamic finance and Halal food "twins separated at birth" the two big segments of the Islamic economy - Halal food & lifestyle sectors together expected to grow by 52% to $2.47 trillion by 2018.

LuLu Hypermarket, the largest supermarket chain in the Middle East and one of the world's fastest growing, will for the first time enter the Southeast Asian market by opening an outlet in Malaysia's capital Kuala Lumpur later in 2014, followed by five others over the coming years.

(Corrects Chinese wage comparsion in paragraph 3 to a fifth lower) * Australia keen to sell live cattle to China * Chinese demand for beef jumped 40 pct in past year * Chinese delegation to Australia discussed biosecurity * Australia live cattle exports...