Industries

Palestine has announced that they will proceed with issuing a sukuk (Islamic-style bond) by the end of this quarter.  The Palestinian Monetary Authority plans...

Though oil prices have been steadily on the rise for some time now, the chairman of Malaysia’s Petronas Corporation says that the prices should...

Prime Minister of Malaysia Najib Tun Razak met with the Kazakh President and Prime Minister in Astana to discuss bilateral trade agreements between their...

Spanish firm Fomento de Construcciones y Contratas is continuing on its quest to derive more than 60% of its business from outside Spain by...

After facing many delays, the Bakun Dam is set to open by September in Sarawak.  Though its total capacity will exceed 2,400 megawatts, initial...

Abu Dhabi’s government-backed investment company, Aabar Investments, is in talks with energy drink giant Red Bull to collaborate on “possible joint activities between Red...

Both the Prime Minister of Malaysia and the Chief Minister of Penang were on hand to witness Penang’s official agreement with the federal government’s...

In an effort to strengthen their bid for Malaysian bank RHB Capital, Maybank has hired Japanese investment firm Nomoura as consultants on the takeover. ...

The oversaturation of the housing market is to blame for the amount of non-performing loans in the United Arab Emirates’ banks, according to Saeed al Hamiz,...

Groupon continues its run as the darling of the internet shopping and social media realm by announcing its official initial public offering, and releasing...

Malaysia benefitted from the EU’s collective Development Aid Fund, and received RM43 million to educate people and promote legal methods of forest management and...

In an effort to win the business of the millions of Indians living abroad, Canara Bank has announced plans to open branches in Bahrain. ...

In a recent study by the Boston Consulting Group, it was revealed that, not unexpectedly, Saudi Arabia has the highest concentration of “ultra-high net...

After agreeing to purchase the Bakun dam’s power at the bargain rate of 6.25 sen per kwh, Sarawak Energy Bhd has announced it has...

As Maybank negotiates a potential takeover of RHB Capital, one of its major shareholders, Permodalan Nasional Bhd, voices its support.  PNB President and Group...

The head of Morgan Stanley’s Saudi Arabia Investment Management says the equity fund is heavy on domestic investments in agriculture, commodities, and petrochemicals, and...

At this week’s 4th Arabian Business Forum, the leaders of several major banks called for the Middle East to form a large bank to...

The Arab Monetary Fund and the World Bank urged banks in the Middle East North Africa region to offer more loans to small and...