Business Blog

Barwa Bank appointed as Joint Lead Manager for debut UK Sovereign Sukuk

Barwa Bank, Qatar's fastest growing Shariah compliant bank, has been appointed as one of five Joint Lead Managers for the UK's GBP 200 million debut Sovereign Sukuk, a landmark transaction that will see the first Shariah compliant issuance by a western nation.
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Jubail residents to get 4,000 new housing units

The Royal Commission of Jubail has issued housing certificates for more than 4,000 housing units in Jalmoudah neighborhood in Jubail Industrial City, belonging to private sector projects.

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PPI claims: Behind the scenes at the ombudsman

Behind the scenes at the Financial Ombudsman

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Wall Street rebounds after mixed data

The euro takes heart from German inflation figures but equities stay cautious after a mixed run of data from the eurozone

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US STOCKS SNAPSHOT-Tech leads Wall St higher but DuPont drags

NEW YORK, June 27 (Reuters) - U.S. stocks ended higher on Friday, led by gains in technology shares, but DuPont's downbeat second-quarter and full year forecasts kept a lid on gains. The Dow Jones industrial average .DJI rose 5.71 points or 0.03...
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BNP Paribas 'to pay $8.9bn US fine'

US authorities will announce early next week that French banking group BNP Paribas has agreed to pay a fine of $8.9bn for allegedly violating sanctions rules, reports suggest.

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