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New asset classes for Islamic investments
(MENAFN - Arab News) The water industry and agriculture are emerging as major new asset classes for Islamic financial institutions, especially in the field of sustainable investments. This is ....
China's Geely to invest $30m in Indonesia
(MENAFN) Chinese carmaker Geely Holdings Group said that it is planning to invest nearly $30 million to set up distribution and marketing networks for its cars sold in Indonesia, Antara news ....
UAE- Former chairmen, board members of finance company given jail terms
(MENAFN - Khaleej Times) The Court of First Instance here has served jail sentences ranging from one to three years on five one-time top officials of a finance firm, including two former chairmen, ....
Oman heavyweights form real estate firm
(MENAFN - Times of Oman) Three giants of the Oman corporate sector have joined hands to form a new real estate company Oman Urban Development Company LLC (OUDC). Bank Muscat and NBO, the ....
Canada sees bright opportunities with Saudi Arabia
(MENAFN - Arab News) The prospects are bright for Saudi Arabia and Canada to expand their relations in all spheres of activity. This was emphasized at a meeting of the Jeddah Chamber of Commerce ....
Standard & Poor's downgrades three Dubai state firms
(MENAFN - Khaleej Times) Standard & Poor's downgraded the credit ratings of three Dubai government-run companies, DP World Ltd., Jebel Ali Free Zone, and Dubai Multi Commodities Centre ....
Jordan not informed about World Bank approval of Red-Dead project
(MENAFN - Jordan Times) Jordan was not informed that the World Bank has approved the Red-Dead canal plan and its decision to finance the project with $1.25 billion, Jordanian officials ....
WTO: Morocco's reforms yield positive results
(MENAFN - Morocco Business News) The macroeconomic, structural and commercial reforms that Morocco has undertaken since 2003 have contributed to a growing diversification and a positive ....
UAE- Manager gets 5 years jail, fined Dh14.1m for siphoning off funds
Saudi Arabia- have own aircraft industry
Mixed signals continue to baffle recovery hopes for Dubai's property sector
UAE's Emaar sees merger by October
Iraq's NOC approves oil contracts
Saudi foreign assets continue to decline
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