Business Blog

The asset management arm of Malaysia's Malayan Banking Bhd, the country's largest lender, has launched its first U.S. dollar-denominated mutual fund that invests in Islamic bonds.

The asset management arm of Malaysia's Malayan Banking Bhd, the country's largest lender, has launched its first U.S. dollar-denominated mutual fund that invests in Islamic bonds.

With majority of its users mostly transit passengers, Oman Air, has urged the need for simplified visa and immigration facilities for visitors to Muscat. As part of an initiative from the national flag carrier, the Royal Oman Police (ROP) may introduce an e-Visa system in the next two months.

Thursday, Oct 30 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services.You can view the full IFG briefing via http://tmsnrt.rs/1tExuUo under IFG Briefings Subject.TOP STORIESLondon&aposs Battersea secures 467 mln pound Islamic financingLondon&aposs Battersea Power Station

Local and global real estate consultancies may be releasing reports that reveal rents declining in Dubai, but 53 per cent of respondents in a poll conducted by Emirates 24|7 said 'rents were rising'.Twenty one per cent of the respondents to the website's poll said rents declined by 10 to 20 per cent, while only 8 per cent said rents fell by 5 to 10 per cent.However, 18 per cent of the respondents

The latest quarterly report issued by MPM Properties, the real estate subsidiary of Abu Dhabi Islamic Bank (Adib), shows that the real estate market in Abu Dhabi continues to see a stabilisation of rental and sales prices for completed properties, while the off-plan sales market has witnessed increased activity with the majority of released units from key developers being sold on the launch day