Business Blog

Dubai Islamic Bank (DIB), the United Arab Emirates' largest sharia-compliant lender, posted a 55.7% increase in third-quarter net profit on Wednesday, beating analysts' forecasts.

A decision by Malaysia's bourse to bar a key shareholder in CIMB Group Holdings Bhd CIMB.KL and two other lenders from voting on their planned merger has given minority investors more clout and thrown doubt on the deal's prospects.

A decision by Malaysia's bourse to bar a key shareholder in CIMB Group Holdings Bhd CIMB.KL and two other lenders from voting on their planned merger has given minority investors more clout and thrown doubt on the deal's prospects.

Barwa Bank, Qatar's fastest growing Shariah-compliant banking service provider, will provide support to the Kawader programme, a leading educational and training initiative launched by Qatar Finance and Business Academy (QFBA) to contribute to the development of human resources and keep pace with the rapid development of the financial sector in Qatar.

* Wall Street higher on Apple, Texas Instruments results* European shares surge on report ECB to buy corporate bonds* US Treasury prices, euro fall* China GDP data weighs on Chinese shares(Adds close of European stock, bond markets)By Sam ForgioneNEW YORK, Oct 21 (Reuters) - A measure of global equity markets advanced on Tuesday after technology earnings lifted U.S. shares and the prospect of Euro

* Wall Street higher on Apple, Texas Instruments results* European shares surge on report ECB to buy corporate bonds* US Treasury prices, euro fall* China GDP data weighs on Chinese shares(Adds U.S. market open; changes byline, dateline; previous LONDON)By Sam ForgioneNEW YORK, Oct 21 (Reuters) - A measure of global equity markets advanced on Tuesday after technology earnings lifted U.S. shares an