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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 ....
Nakheel to manage Dubai World's real estate activities
(MENAFN) Dubai World said in a statement that operational management relating to the real estate activities of some of its companies is being consolidated to better accommodate current ....
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, ....
Saudi Arabia- Eight-year-old kid held in traffic jail
(MENAFN - Arab News) A father was incensed when he learned that his eight-year-old child was held in a jail cell pending estimation of the damage inflicted in an accident caused by the family ....
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 ....
Saudi Arabia- Sleeping student allowed to sit exams
Jordan not informed about World Bank approval of Red-Dead project
WTO: Morocco's reforms yield positive results
UAE- Manager gets 5 years jail, fined Dh14.1m for siphoning off funds
Emaar and Dubai Holdings' property firms set to merge
Saudi Arabia- Vacation must go on despite pesky virus



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