Category Archives: Global

Islamic Finance : Persian Gulf Sells Sukuk in Malaysia

Persian Gulf borrowers are raising funds for expansion and taking advantage of demand in Malaysia, the world’s biggest market for Shariah-compliant bonds. The borrowers are ringgit-denominated Islamic bonds very rapidly. Abdulrahman Al Saleh, the director general of the emirate’s Department of Finance, said that Dubai’s government is “likely” to sell bonds next year and it… Continue Reading

Middle East investors trigger an overseas property buying spree

According to a Jones Lang LaSalle report, Middle Eastern investors contributed to triggering a 40 per cent increase in commercial property transactions in the last year in Europe, Middle East and Africa (EMEA). According to an analysis released by the property consultant, total investment across EMEA will probably climb to €100 billion this year, led… Continue Reading

Fund Managers Seek NRIs’ Investments

Fund managers in Dubai encouraged Non-Resident Indians (NRIs) to invest in one of the fastest growing economies putting their savings into the Indian stock market. Bankers also urged NRIs to invest in fixed deposits and other schemes to become rich enough to meet their family’s long run financial needs. At The annual ‘Indian Investment Seminar… Continue Reading

Iran Disinvestment Law Is Working

According to California State Insurance Commissioner, Steve Poizner, California’s measures to apply economic pressure on Iran are providing results. Four international oil industry companies have ceased their operations in Iran. Earlier in the year, Poizner made and circulated a list of foreign companies doing business with Iran in the areas of finance, energy, nuclear development… Continue Reading

Kuwait And Germany To Increase Investments

There have been strong commercial relationships between Germany and Kuwait for many years. Recently, the second session of the Kuwait-German Joint Committee on Economic, Industrial and Technical Cooperation in Kuwait took place. A German official and several economic delegates visited Kuwait. The German delegation met with Kuwaiti businessmen, companies and officials in the Kuwait Chamber… Continue Reading