Business Blog

Turkey issues $597mln sukuk after strong demand, Treasury says

Turkey's Treasury said it issued a TRY3.2billion ($597million) sukuk, rather than the 2 billion it had initially planned
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Sliding banks, tumbling tech drag European stocks to three-week low

Banks set for worst fall in 5 weeks
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UAE's Senaat hires banks for planned sukuk- document

The industrial group is planning a 5- to 7-year tenor fixed-rate U.S. dollar-denominated senior unsecured sukuk
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Stocks struggle higher, dollar sapped by rate hike uncertainty

Dollar subdued as Fed talks about global risks
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Recovery in European stocks loses steam, Renault tanks on CEO reports

Renault hits 4-yr low on report Ghosn to be arrested
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BUZZ: Abu Dhabi Islamic Bank up in heavy trade as stock opens to foreigners

Shares in Abu Dhabi Islamic Bank ADIB.AD rise 4.0 pct to 4.21 dirhams, highest since April 2016; market's most heavily traded stock by large margin ** Foreigners allowed to own up to 25 pct of shares in the bank from today; previously, only UAE citizens...

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