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  • Bahrain's ringgit sukuk programme

    Bahrain Economy Shrinks in Second Quarter

    Bahrain's economic output fell in the second quarter of this year after moderate growth in the previous three months, data showed on Sunday, as political unrest continued to weigh on the small oil producer.

    September 3, 2012 11:25
  • zain

    Kuwait Telco Zain Rejigs Management Structure

    Kuwait telecoms operator Zain has changed its management structure, creating the positions of deputy chief executive and chief operating officer, it said on Sunday.

    September 3, 2012 11:20
  • 400-maradona

    Guess who is back? Maradona Takes Dubai Sports Ambassador Role

    Diego Maradona was appointed Dubai Honorary Ambassador of Sports on Sunday, less than two months after being sacked by the United Arab Emirates club Al Wasl.

    September 3, 2012 11:17

    Demand for UAE Islamic savings products to grow

    People over the age of 65 in 2005 represented only 1.1 percent of the total UAE population. That age group is expected to grow to 26.4 percent by 2050, according to the United Nations Department of Economic and Social Affairs, with similar trends forecast for other Gulf countries.

    September 2, 2012 4:01
  • Bahrain Takaful Islamic Insurance

    Bahrain’s Takaful growth drops to single digits

    Bahrain has been a major hub for Islamic finance in the Gulf region, but in recent years that role has been challenged by other financial centres such as Dubai and Doha.

    September 2, 2012 3:58
  • Fugitive U.S. businessman deported to UAE from Yemen

    Fugitive U.S. businessman deported to UAE from Yemen

    "Zack Shahin has been deported to the UAE at the request of the UAE government," said the security official, who asked not to be named under briefing rules.

    September 2, 2012 1:02
  • brent crude slip

    Abu Dhabi keeps crude supply to Asia but omits plus option

    Abu Dhabi National Oil Co (ADNOC) will supply full contractual supplies of four main crude grades to Asia in October, but is not giving its customers a so-called "plus tolerance" option, traders said on Thursday.

    August 30, 2012 10:42