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Editor's Picks

 Thai anti-government protesters blow whistles during a rally at the Metropolitan Electricity Authority in Bangkok, Thailand. Rungroj Yongrit / EPA

Best photography from around the world April 23

The National View's photo editors pick the best of the day from around the world

 Visitors look at the medieval inventor Al Jazari’s water-powered Elephant Clock. The clock is on show at the 1001 Inventions exhibition at Sharjah Expo Centre. Photos Antonie Robertson / The National

1001 Inventions: in praise of Islam’s gifts to the world

Down the centuries, from camera obscura to designing a sail that allowed early seafarers to tack into the wind, Muslim scientists have made many significant contributions to science. Rym Ghazal and Asmaa Al Hameli visit an exhibition in Sharjah that celebrates those contributions

 Mumbai Indians fans cheer they team on the opening match between Mumbai Indians and Kolkata Knight Riders in IPL 2014 at Zayed Cricket Stadium in Abu Dhabi. Ravindranath K / The National

Earn cash back with the IPL cricket in the UAE

Dunia finance promotion allows cricket lovers to earn up to 6 per cent unlimited cash back on any spending they make on a day when an IPL match is played in the UAE.

 Manager Jose Mourinho of Chelsea looks on from the dug out during the Champions League semi-final first leg match against Atletico Madrid on Tuesday. Paul Gilham / Getty Images / April 22, 2014

‘Now the game of our lives is at Stamford Bridge’ says Mourinho after Chelsea, Atletico draw

After Tuesday's scoreless draw, Jose Mourinho revealed Petr Cech's season was over and John Terry was also done unless they could reach the Champions League final.

 Khalifa Bin Zayed Air College students participate in the 2014 Innovation Challenge. Delores Johnson / The National

In pictures: the UAE Innovation Challenge 2014

The engineering competition brought together almost 100 students from across the country competing in teams to build the best unmanned aircraft.

 Former Manchester United manager David Moyes, right, speaks to Manchester United's Welsh midfielder Ryan Giggs during a training session at the team's Carrington training complex in Manchester, north-west England on April 22, 2014. Andrew Yates / AFP

Giggs a better fit for Manchester United than Moyes

The winger, who has played 962 games for the club, has been placed in interim charge of the first team and will be assisted by his former Manchester United teammate Nicky Butt.


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$750m sukuk sale boosts Dubai’s bid for Islamic economy hub

April 23, 2014

The Islamic bond was priced at a profit rate of 5 per cent, with the order book more than three times oversubscribed.

Dubai headed for top of Islamic economy, chief says

April 21, 2014

Several initiatives already been launched in support of the plan to put Dubai at the centre of a global economy potentially worth nearly US$7 trillion in three years’ time.

In pictures: ADIB’s goal to be role model of Islamic banking

April 17, 2014

Abu Dhabi Islamic Bank has been aggressively expanding its consumer banking business over the past couple of years. And while ADIB’s goal is become a role model for Islamic banking, it is keen to emphasise the ethical aspect of its banking...

Sharjah Islamic Bank first-quarter profit up 30% to Dh110 million

April 16, 2014

Customer deposits gained 3 per cent to Dh12.3 billion, advancing Dh355.8 million since the end of last year. The bank’s total assets rose 1.8 per cent Dh22.1bn since the last quarter.

Islamic lenders lead the day on UAE bourses

April 16, 2014

The Dubai and Abu Dhabi indices both went up by 0.9 per cent on Wednesday, a slight recovery over the previous day's drops.

Nasdaq Dubai chief in pole position on Islamic finance

April 8, 2014

Hamed Ali feels the bourse he heads is at an advantage after unveiling a new trading platform.

Emirates Reit IPO 3.5 times oversubscribed

April 3, 2014

The company is pricing its offer at US$1.36 per share – the lower end of the price range it had initially set on March 23 of between $1.36 and $1.56.

Nasdaq Dubai makes Islamic finance strides with trading platform

April 2, 2014

The launch of the platform is part of the initiative by Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, to make the emirate a capital of the global Islamic economy over the next two years.

National Bank of Fujairah stands ready for resumed Iran trade

April 1, 2014

NBF is among a handful of such specialist banks in the UAE that would get a big chunk of business from trade flows with Iran should sanctions be eased, said Vince Cook, the bank's chief executive.

Noor Bank profit triples as Sharia lender rides economic recovery

March 31, 2014

Noor’s sukuk underwriting last year propelled the bank to the top of the list of Bloomberg’s 2013 Emea Islamic Loans Book.

Damac plan for $500m sukuk seal of confidence in Dubai property market

March 31, 2014

The company, which raised $348 million in a share sale in London four months ago, aims to build a string of luxury developments, including Donald Trump-branded golf course residences.

Sharia lender Al Hilal Bank profit rises 42 per cent

March 26, 2014

Net income increased to Dh441.4 million from Dh310.3m, the bank said on Wednesday. Customer deposits rose 13 per cent to Dh28.2 billion from Dh25bn.

Air Arabia shares fall after dividend payout announcement

March 25, 2014

Shares of budget carrier Air Arabia dropped significantly, as shareholders are exiting the stock after a dividend payout.

Dubai aims to import Islamic finance courses from Malaysia

March 24, 2014

Dubai seeks to attract courses in Islamic finance from Malaysia, as it aspires to become a global hub for Islamic economy.