Ahmed Saeed, a Libyan poultry farmer, says he’s waiting for his country to open Islamic banks to deposit money for the first time. “I’m sure...
The United Arab Emirates and Qatar failed for a second time this year to secure an upgrade to emerging-market status at MSCI Inc., as the Gulf countries...
DUBAI: Lebanon is safer than Dubai for the first time since June in the market for credit default swaps as foreign investors bet demand from the...
Lebanese banks and majority holders of the Middle East’s lowest-rated bonds, may be at risk should Syria’s popular uprising hurt Lebanon’s...
Islamic bonds from the Arab Gulf had the best quarter in nine months as debt restructurings by Dubai’s state-controlled companies and a scarcity of...
DUBAI: Dubai’s Islamic bonds tumbled the most in six months last week as investor concern over Europe’s growing debt crisis prompted a sell-off of the...
DUBAI: Egypt may lose out to Nigeria, South Africa and Kenya in attracting Muslim wealth after political unrest forced the North African country to postpone...
Bloomberg News DUBAI: The political conflict in the Middle East will make it more expensive for companies in the Arab Gulf such as First Gulf Bank PJSC and...