ABU DHABI — Islamic banks must share equal responsibility with conventional commercial banks and financial institutions for the current global financial crisis, a professor specialising in Islamic economics said on Thursday.
ABU DHABI — Islamic banks must share equal responsibility with conventional commercial banks and financial institutions for the current global financial crisis, a professor specialising in Islamic economics said on Thursday.
ABU DHABI — International Petroleum Investment Company has completed the purchase of a five-year $1.1 billion exchangeable bond issued by the Government of Papua New Guinea.
DUBAI — United Arab Emirates stocks on Thursday declined on profit-taking. Mashreq Bank in Dubai and Union Cement Co. in Abu Dhabi led the downward slide.
DUBAI — The Dubai Gold & Commodities Exchange?s trade volume jumped 90 per cent in February compared to the previous month.
DUBAI – Shares on the Dubai bourse rebounded on Wednesday from recent steep losses led by property stocks, while buying interest resumed in Abu Dhabi as investors shrugged off continued global weakness.
DUBAI — UAE Minister of Foreign Trade Shaikha Lubna Al Qasimi, discussed ways of enhancing bilateral cooperation between the UAE and the Russian Federation in the fields of economy and trade.
DUBAI — Dubai Electricity & Water Authority (Dewa) said on Wednesday that it would press ahead with a Dh72.5 billion investment programme to boost power and water output capacity.
DUBAI — Oman Insurance Company (PSC) has witnessed a 41 per cent increase in gross written premiums with a total of Dh2.14 billion in 2008.
DUBAI — Indian regulators expect to line up a buyer for scandal-stricken Satyam Computer Services Limited by the end of April, a member of the company’s board said on Wednesday.
DUBAI — Sonata Software Ltd. announced on Wednesday the opening of its one hundred per cent owned subsidiary at Dubai Internet City (DIC), the region’s managed ICT cluster.