Feb 20, 2013
Islamic lender Al Baraka Banking Group recorded a 24 per cent increase in fourth-quarter net income, with business expansion and improved asset quality aiding profit growth. Read Article Al Baraka posts 13% rise in 2012 profit
Feb 19, 2013
Dubai Investments plans to hire this week banks to manage the sale of Dh1 billion of Islamic bonds, the company's chief executive officer said. Read Article Dubai Investments plans launch of Dh1bn sukuk issue
Feb 18, 2013
Qatari lender Barwa Bank plans to seek a credit rating in the second half before a possible sukuk sale. Read Article Qatar's Barwa Bank looking for a bigger slice of Islamic finance market
Feb 14, 2013
Ajman Bank's profits leap for the full year but stumble during the fourth quarter. Read Article Ajman profits leap despite fourth-quarter stumble
Feb 13, 2013
Dubai Electricity and Water Authority will probably pay almost 50 per cent less to sell debt than it did almost three years ago after borrowing costs plunged four times more than global peers. Read Article Debt to be cheap for Dewa when $1bn sukuk comes to market
Feb 13, 2013
Dubai's aim to become the economic hub of the Islamic world is so ambitious that, in order to achieve it, the grand strategy will have to be split into manageable parts for implementation. Read Article Clear direction helping Dubai to form ambitious Islamic finance hub
Feb 11, 2013
Global Islamic bond sales are set to surpass the 2012 record as Arabian Gulf issuers take the lead to tap borrowing costs that tumbled in the past year, according to HSBC. Read Article Gulf nations to drive record sukuk sales this year
Feb 10, 2013
State utility Dubai Electricity and Water Authority reported a 6 per cent increase in annual profit for 2012 on Sunday, after sales revenues and cash generated from core operations rose. Read Article Dewa profits up 6% to Dh4.65bn in 2012
Feb 10, 2013
Dana Gas, an energy company based in the UAE, raised $135 million from the sale of about half its stake in MOL, a Hungarian oil and gas firm. Read Article Dana sells half of its stake at Hungarian oil and gas firm MOL
Feb 08, 2013
Profits at Abu Dhabi Islamic Bank topped Dh1.2 billion last year as it targeted growing its expatriate customer base. Read Article ADIB profit rises 5% to Dh1.2 billion
