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  • ICD

    Islamic Corporation launches $600 million food fund

    Targets private equity investments; Aimed at improving food security; Advised by Dutch asset manager Robeco

    June 12, 2012 5:45
  • Kuwait labour minister

    Kuwait’s social and labour minister quits

    Kuwait's minister for social affairs and labour has resigned, local media reported on Tuesday, making him the second cabinet member to step down in the last several weeks under pressure from opposition lawmakers.

    June 12, 2012 5:43
  • Iranian-bank

    Iranian bank halts guarantees for India imports

    Iran's Bank Parsian has stopped issuing payment guarantees for Iranian importers who buy Indian goods, because its account that was set up to skirt Western sanctions does not have the necessary funds in rupees.

    June 12, 2012 5:43

    Banks approve debt payment delay for Kuwait’s Global

    Kuwait's Global Investment House said on Monday that creditor banks had approved a delay in repayment of principal and interest to November from June, days after bondholders also agreed to extend scheduled payments to later in the year.

    June 12, 2012 11:07