Business Blog

Airbus Group and the Jeddah-based Islamic Development Bank (IDB) are seeding a sharia-compliant aircraft leasing fund to cater to growing demand for commercial financing from airlines in the Middle East, Asia and Africa.

Karachi-based utility K-Electric plans to raise as much as 22 billion rupees (USD 223.1 million) through Islamic bonds to refinance existing debt, the latest transaction in Pakistan's reviving Islamic debt capital market.

RAM Ratings has reaffirmed the AA2/Stable/P1 ratings of Lafarge Malaysia Berhad's (Lafarge Malaysia or the Company) RM350 million Islamic Securities Programme (2010/2017).

The Jordan Institute of Science and Technology (JUST) has been selected by Caterpillar, a US machinery corporation, as a primary candidate for a Caterpillar pilot project, according to a JUST statement released on Wednesday.

IT sector stakeholders on Wednesday underlined the need for protecting intellectual property (IP) in the industry, which they said is a pillar for its growth.

PARIS, June 26 (Reuters) - European stocks were set to rise on Thursday, bouncing back from the previous session's sell-off and tracking gains on Wall Street, with shares of Barclays BARC.L in focus after The New York Attorney General filed a...