Business Blog

Qatar to set up deposit insurance, including Islamic scheme

Qatar regulators will establish a deposit insurance framework that will include a sharia-compliant scheme, one of several reforms aimed at modernising the financial sector of the world's top exporter of liquefied natural gas.

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Qatar to set up deposit insurance, including Islamic scheme

Qatar regulators will establish a deposit insurance framework that will include a sharia-compliant scheme, one of several reforms aimed at modernising the financial sector of the world's top exporter of liquefied natural gas.

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© Zawya.com

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MIDEAST STOCKS - Factors to watch - May 15

DUBAI, May 15 (Reuters) - Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch for their accuracy.INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Asian shares step back from highs, bonds supported MKTS/GLOB* U.S. crude, Brent hit 3-week highs on Cushing, gasoline draw O/R* Platinum, palladium set to extend rally; gold hol

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Libya's sovereign wealth fund to invest in bourse, set up budget reserve fund

The Libyan Investment Authority (LIA), the oil producer's sovereign wealth fund, plans to invest billions of dollars in the local stock market to help fund badly needed infrastructure projects, its new head said in a interview.

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Gulf finance house posts first quarter profit

Manama, Gulf Finance House (GFH), the Bahrain based Islamic investment bank, today announced its financial results for the first quarter ended March 31, 2014, another period of profitability and stable results for the Bank.

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Iran earns USD5bn in tourism revenues

Soltanifar added that since Iran has 10 percent of world tourist sites, its share of revenues should be at least $100b. Iran accounts for 1 percent of the world's population.

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