Business Blog

Britain's plan to issue the first Islamic bond from a Western government will strengthen its position as a centre for sukuk trade, but it may miss a chance to develop Europe's Islamic banking industry.

Middle Eastern investors are expected to spend $180 billion in commercial real estate markets outside of their own region over the next decade, according to the latest research from global property adviser CBRE.

The Muscat Securities Market (MSM) on Tuesday revised the constituents of the bourse's Shariah Index. The index revision will be effective from June 22.

The Muscat Securities Market (MSM) on Tuesday revised the constituents of the bourse's Shariah Index. The index revision will be effective from June 22.

Jazeera Airways Group announced that it has secured an USD 18.3 million aircraft refinancing facility through Arab Banking Corporation (B.S.C) (ABC).

Octal, recently welcomed Sheikh Abdullah bin Salim Al Rawas, the chairman of the Oman Chamber of Commerce and Industry (OCCI) Salalah branch, and other OCCI board members at the company's state-of-the-art PET complex.