Business Blog

We speak to the heads of the World Bank and the IMF about extreme poverty and the state of the global economy.

Dubai government-owned property firm Limitless is asking creditors for more time to repay a USD1.2 billion debt facility, its chairman said on Tuesday.

CMA previously announced a resolution on 25/2/2014 to suspend trading the shares of Weqaya Takaful Insurance and Reinsurance Company on the Saudi Stock Exchange (Tadawul) starting from 26/4/1435H corresponding to 26/2/2014 for failing to announce its annual financial statements as of 31/12/2013 within the specified period. On 07/04/2014, the company announced its annual financial statements as of

Multinational insurance group offering represents a unique, asset-backed sukuk issuance from a rated European companySecond tranche of the programme has successfully closed for US$40 millionLondon & Dubai, April 7, 2014The EIIB-Rasmala Group ("EIIB-Rasmala" or "The Group"), a leading investment banking and asset management group focused on Gulf Cooperation Council (GCC) and London markets, today a

Ever since the early 1960s when we were glued to the animated sitcom "The Jetsons", whimsical visions of a futuristic space utopia filled our imaginations leaving people asking themselves: "Where's my flying car?"

Morocco is set to give Islamic finance a second try, counting on closer regulation and a clearer legislative framework to resolve problems which plagued its first attempt.