Business Blog

Abu Dhabi's Al Hilal Bank uses blockchain to sell sukuk in secondary market

Abu Dhabi's Al Hilal Bank has executed the world's first sukuk transaction using blockchain technology, it said
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Oil tumbles on oversupply concerns, sinking world stocks

Tumbling oil prices pushed U.S. energy shares down more than 3%
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European stocks drop after tech reboot fails

Asian shares sentiment still fragile, analysts say
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BRIEF-UAE's Dana Gas Updates On 4% Nile Delta Sukuk Ltd Certificates

Nov 22 (Reuters) - DANA GAS DANA.AD :* ANNOUNCES A BUYBACK OF APPROX. $14 MILLION OF 4% NILE DELTA SUKUK LTD CERTIFICATES- REG S OF THE ISSUER IN NOVEMBER 2018* SAYS THESE BOUGHT BACK SUKUK WILL BE DELIVERED TO BANK OF NEW YORK MELLON ("PRINCIPAL PAYING AGENT") IN DUE COURSE FOR EFFECTING CANCELLATION* SAYS POST CANCELLATION, THE TOTAL OUTSTANDING OF THE 4% NILE DELTA SUKUK LTD CERTIFICATES WOULD
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European shares set to snap 5-day losing streak, Italy banks off highs

Italian rebound as EU prepares budget response
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Mideast Stocks: Factors to watch on November 21

Here are some factors that may affect Middle East stock markets on Wednesday
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