Abu Dhabi National Energy Co (TAQA) raised $215 million from the sale of a Malaysian ringgit-denominated Islamic bond, or sukuk, it said on Sunday, as part of plans by the state-run oil and gas utility to diversify its funding sources.
February 26, 2012 11:22
The third-largest party in Tunisia's constituent assembly, charged with writing a new constitution, proposed on Monday a draft document based on Islamic law which will likely alarm the country's secularists.
February 21, 2012 4:39
Iran's oil minister said on Sunday the Islamic state would soon stop exporting crude to "some" countries, the state news agency IRNA reported.
January 30, 2012 3:23
Bank Nizwa, Al Izz to IPO by June, according to central bank sources, with Oman Arab Bank likely to lead the offering.
January 23, 2012 2:07