Breaking News

Dubai judge approves liquidation of local Espirito Santo unit
A judge in the Dubai International Financial Centre (DIFC) court approved on Sunday an application to liquidate ES Bankers (Dubai) Ltd (ESBD), the latest collapse of a unit of the Portuguese Espirito Santo family's empire. Full Article
Saudi-Kuwait oilfield shutdown may force Asian buyers to spot market-trade
A production halt at an oilfield run jointly by Saudi Arabia and Kuwait is expected to curb crude supply to Asian buyers - mainly Japanese and South Korean refiners - likely forcing them to turn to the Middle East spot... Full Article
Morocco's BMCE prepares to launch Islamic unit as Gulf ties grow
Morocco's BMCE Bank is preparing to launch an Islamic subsidiary as a joint venture with a major Islamic financial institution from the Middle East, the bank's managing director said. Full Article
Oman Oil in talks with Oxy to buy its local assets - CEO
Oman Oil Co is in talks with Occidental Petroleum Corp to buy its assets in the Gulf Arab sultanate but is still waiting to know the specifics of the potential sale from the U.S. company, the Omani firm's chief executive... Full Article
Saudi's NCB pledges conversion to Islamic bank after pressure from scholars
Saudi Arabia's biggest bank has responded to criticism of its operations from Islamic scholars by pledging to convert itself into a full-fledged Islamic bank within about five years.Saudi's NCB pledges conversion to Islamic bank after pressure from scholars... Full Article
Abu Dhabi's Waha Capital gets regulatory nod for share buyback
Abu Dhabi-listed investment firm Waha Capital has secured regulatory approval to buy back up to 10 percent of its outstanding shares, the company said in a bourse filing on Tuesday without disclosing the price it would offer. Full Article

Features

Underground plans
Saudi Arabia has awarded $22.5 billion contracts to build the Riyadh metro system. Full Article
Drawing a line
India set to halt Iran oil imports over insurance Full Article
MP Interview: Husam Hourani, Al Tamimi & Co
Al Tamimi & Co Managing Partner Husam Hourani talks to Ranajit Dam about the highlights of his career, the challenges of running a regional firm, and how Al Tamimi & Co can hold on to... Full Article
Booming Gulf sukuk market brushes off Dana Gas debacle
When United Arab Emirates-based natural gas producing company, Dana Gas, missed repaying a $920 million Islamic in November, it became the first UAE company to fail to redeem a bond on time. But the region's... Full Article

Special Reports

AEC Report: Potential, reality and the role for business
By Vriens & Partners | 27 May 14
Vriens & Partners' crucial report - The ASEAN Economic Community - is now available. This detailed report can be purchased for just US$1,000 from the link at the top of this page. Click below for Table of Contents.
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Islamic Finance Education: What Does It Entail?
By INCEIF | 03 Apr 14
When we talk about finance, we are really talking about the way the finance is managed at the individual, corporate or public levels. However, when we add the adjective Islamic to finance, it gives a completely different picture. Islamic finance...
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ALB Employer of Choice 2013
By ALB | 17 Sep 13
Thousands of law firm employees across Asia, ranging from managing partners to support staff, were surveyed for two months and asked to rate their employers on the basis of job satisfaction, remuneration, work-life balance, career prospects, mentorship, job security and...
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