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Qatar to issue up to $4 billion in sukuk

Qatar plans to issue up to $4 billion in Islamic bonds, or sukuk, through two companies that the Gulf state will set up through a decree issued by the Crown Prince, local daily Al Watan newspaper said on Monday.

July 2, 2012 10:09
 
Saudi succession

Saudi succession in spotlight after new heir named

The issue is whether the line of succession will continue along a diminishing line of brothers born to the kingdom's founder or move down a generation at a time of unprecedented upheaval in the Middle East.

June 20, 2012 1:30
 
Obama

Obama congratulates Saudi king on selecting new heir

U.S. President Barack Obama on Monday congratulated Saudi Arabia's King Abdullah for naming Prince Salman as heir apparent and said he was looking forward to continuing to deepen the U.S.-Saudi partnership.

June 19, 2012 11:20
 
Saudi Crown prince Salman

Prince Salman named Saudi heir at time of turmoil

Saudi Arabia's King Abdullah has appointed his defence minister, Prince Salman, as heir apparent, opting for stability and a continuation of cautious reforms at a time of challenges for the world's biggest oil exporter.

June 19, 2012 10:30
 
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