Business Blog

* Euro hits 9-year low* Brent oil breaks below $50* Nervousness ahead of euro zone inflationBy Jamie McGeeverLONDON, Jan 7 (Reuters) - The euro hit a nine-year trough on Wednesday as collapsing oil prices and worries about the world economy drove skittish investors into the arms of safe-haven sovereign debt.From Japan to Germany to Australia, government borrowing costs fell to all-time lows as oil

Egypt's Ministry of Housing is currently negotiating with local and Gulf real estate developers, notably Emaar Properties PJSC to launch joint projects, minister Mostafa Madbouly said.

Gulf stock markets may follow Saudi Arabia's lead and start stabilising on Wednesday after a series of sell-offs triggered by oil's renewed weakness.

Dubai is set to be the fastest growing timeshare market in the world and this sector will give the emirate's economy a Dh14 billion boost by 2020.

* Eight banks to arrange roadshows from Jan. 8* Perpetual dollar Tier 1 sukuk may follow* CEO said DIB needed capital boost after strong growth* Likely first Gulf bond deal of 2015By Archana NarayananDUBAI, Jan 7 (Reuters) - Dubai Islamic Bank DISB.DU will reopen the Gulf bond market next week with a capital-boosting sukuk, the region&aposs first debt offering in two months as financial markets th

* Eight banks to arrange roadshows from Jan. 8* Perpetual dollar Tier 1 sukuk may follow* CEO said DIB needed capital boost after strong growth* Likely first Gulf bond deal of 2015By Archana NarayananDUBAI, Jan 7 (Reuters) - Dubai Islamic Bank DISB.DU will reopen the Gulf bond market next week with a capital-boosting sukuk, the region&aposs first debt offering in two months as financial markets th