Business Blog

A summer of sport is not just of interest to football and other fans, as according to one finance professor the results can have a wider effect on a nation's stock market.

The economy is picking up speed, driven by a recovery in the real estate sector, surging confidence, safe haven inflows, rising populations, easing debt and financing conditions for Dubai Inc., and a resumption of public and private project activity (encouraged by Dubai’s hosting of Expo 2020) which is boosting construction. Dubai’s traditional non-oil sectors are performing well, the UAE’s overall macroeconomic fundamentals are sound, and growth should hold at between 4-5 percent through 2015.

Oman's full-fledged Islamic insurance provider, was officially launched during a ceremony held under the auspices of H E Sheikh Abdulmalik bin Abdullah bin Ali al Khalili, Minister of Justice, at the InterContinental Muscat on Sunday.

Luxembourg hopes to adopt a bill before the summer holidays that would allow it to issue its first Islamic bond, with the AAA-rated sovereign opening the door to future sukuk issuance, a filing with the legislature said.

Many foreign owners of apartments in designated areas are not aware of the legal requirement which says that after possession flat owners must form a cooperative and pay charges annually, says a lawyer.

Passengers and visitors at Hamad International Airport (HIA) can use smart solutions such as 'Pay-on-Foot' automatic parking fee payment system and self-service 'Web Check-In' to avoid waiting in long queues.