Breaking News

Bahraini investment firms buy U.S. company PRO Unlimited
Bahrain-based alternative investment fund Investcorp and sovereign fund Mumtalakat have acquired U.S. software and services firm PRO Unlimited for around $300 million. Full Article
Dubai Investments plans investments in education, healthcare
Dubai Investments (DI), the diversified Gulf-based investment group, is in advanced talks to set up a university and a school as part of a move into the expanding education and healthcare sectors, its chief executive said on Tuesday. Full Article
Kuwait bourse cancels trades in Kuwait Investment Co, Zain
The Kuwait Stock Exchange cancelled all trades in the shares of Kuwait Investment Co and Zain that had taken place on Thursday before it suspended the stocks at mid-session, it said in a statement. Full Article
DIFC to meet investors for dollar sukuk issue; picks 4 banks
DIFC Investments, the commercial operator of Dubai's financial free zone, plans to meet fixed income investors from Thursday for a potential benchmark size dollar-denominated sukuk issue, a document from the leads showed on Tuesday. Full Article
Oman Islamic banking hits 4.4 pct of assets, may double by 2018
Islamic banking operations in Oman have grown to account for over 4 percent of the country's total banking assets in the past two years and could double that ratio by 2018, a study by Thomson Reuters found. Full Article
Abu Dhabi state fund asks for more in $22 bln Malaysia banking deal
Aabar Investments is demanding a hefty premium for its minority stake in Malaysia's No.4 bank, sources say, as the Abu Dhabi state fund leverages on its amplified role in a $22 billion merger that will create Southeast Asia's fourth-largest lender... Full Article


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...
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...