BHP Billiton Venture To Close Australia Coal Mine
BHP Billiton Ltd. BHP +3.75% said Monday that its venture with Mitsubishi Corp. will cease production at one of its…
Qandil Says Egypt To Sell Sukuk After New Law Is Approved
Prime Minister Hisham Qandil said Egypt plans to sell sukuk, or Islamic bonds, after new legislation on the debt…
Kuwait International Bank Supports Islamic Economics Higher Studies Fund
Kuwait International Bank has recently announced that it has provided financial contribution to the Islamic…
Deutsche Bank Tackles Ackermann Legacy In Strategy Revamp
Deutsche Bank AG (DBK) co-Chief Executive Officers Anshu Jain and Juergen Fitschen, less than four months after…
Pachin Says Consolidated Net Profit 25% Down; H1
Paints & Chemical Industries – Pachin (PACH.CA) reported Monday a consolidated net profit of EGP 96.797 million…
UAE Central Bank Says To Launch Discount Window
The United Arab Emirates central bank aims to develop its monetary policy framework by launching a discount window…
HSBC Saudi Arabia Launches New GCC Equity Income Fund
The fund is an open-ended Islamic Shariah compliant fund which aims to achieve capital growth and providing income,…
BNP Paribas To Let Italian Unit Issue Own Funding
BNP Paribas (BNPP.PA) is expected to start issuing bonds through its Italian arm BNL rather than funding the unit…
Qatar First Investment Bank Raises Equity Stake In Al Rifai To 35%
Qatar First Investment Bank (QFIB), Qatar's independent Islamic investment bank authorized by QFC Regulatory…
GE Healthcare In Saudi Arabia Gets New CEO
GE has appointed Ali Saleh as President & CEO of GE Healthcare in Saudi Arabia, responsible for driving the…