Business Blog

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, announced the winners of the Zawya Fund and the Lipper Global Islamic Fund Awards for 2014.

Saudi Arabia's Al Othaim Real Estate and Investment Co, owner of five shopping malls in the kingdom, plans to issue its debut local currency sukuk as early as this month, two sources aware of the matter said.

Dubai's Emaar Properties EMAR.DU said on Sunday that its Emaar Malls Group has raised a USD1.5 billion sharia-compliant loan through a consortium of local banks.

Qatar Islamic Insurance Company (QIIC) yesterday announced that ratings agency Moody's Investors Service has affirmed its 'Baa2' insurance financial strength rating (IFSR).

The Saudi Food and Drug Authority (SFDA) has pulled out a random selection of Cadbury chocolate bars from the market to test for traces of porcine DNA following reports that surfaced from Malaysia.

What does Narendra Modi's success at the polls mean for the country and the region?