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  • Islamic Finance Oman

    Dubai aspires to be global player

    The emirate hopes the new standards will reduce disputes between scholars, issuers and investors over what types of debt structures are permissible and attract more business to its market.

    February 3, 2013 3:42
  • Why Wasta and the Digital Age don't mix

    Why ‘Wasta’ and the digital age don’t mix

    In an ideal world we all would hope that multinationals in the Middle East - many of which rank much higher than their local counterparts for consumer trust and positive customer perception - would hire the best person for the position.

    January 31, 2013 3:50
  • UAE Central Bank confirms no mortgage cap

    Will Mortgage caps curb speculation?

    The EBA has also told the central bank it proposes to limit mortgages extended to property speculators to 50 percent, though the details of this are still being considered.

    January 27, 2013 3:17