INTERVIEW: End of Sukuk Premium
Salah Jaidah, head of Islamic finance at the bank and chief country officer for Qatar says Sukuk demand trend is not temporary
July 26, 2012 10:24
Cash-rich Islamic funds fuel wild Dubai sukuk rally
Dubai 2014 sukuk yield plunges 235 bps since February; Fundamental factors support a rally; But some think euphoria has gone too far; Liquidity temporarily boosted by maturities; Approach of Ramadan may be spurring purchases
July 18, 2012 5:24
Dar al-Arkan to repay all sukuk by end-2015
Dar to repay further 2.4 bln riyals debt by 2015; Does not plan to issue new sukuk this year; Expects at least 10 pct profit growth in Q3, Q4; Aims for over 10 pct growth in 2013; No impact from mortgage law this year
July 15, 2012 5:06
Dar al-Arkan repays $1 billion sukuk on Monday
Saudi builder Dar al-Arkan Real Estate Co has transferred $1 billion to Deutsche Bank to repay its Islamic bond, or sukuk, the firm said in a bourse statement on Saturday.
July 14, 2012 9:07
Over 90% of passwords vulnerable to hacking
Passwords in the Middle East - even ones deemed to be "strong" - are actually susceptible to infiltration.
May 23, 2013 8:51
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24