Thursday 8 October 2015

Asian stocks set to end week on high note

Asian stocks edged up on Friday and looked likely to end the week with tiny gains, although the outlook remained grim as investors continued dumping emerging market assets as their growth expectations faded. The dollar crept higher.   While Thursday's privat


Bahrain in talks for potential sovereign bond

Bahrain is in talks with banks about potentially issuing an international bond this year, three sources aware of the matter said on Thursday, as the Gulf country seeks to raise funds to cover a budget deficit created by cheap oil. The kingdom could raise as much as $2 billion fro


GCC banks’ earnings ‘set to slide’ after solid H1

Banks in the GCC, which reported a good set of gains in the first half of 2015, could see a weakening in earnings over the next several quarters due to the knock-on effects of lower oil prices on growth and asset quality, a report said. That's according to Standard & Poor


Top speakers for Dubai’s Islamic economy summit

Dubai Islamic Economy Development Centre (DIEDC) and Thomson Reuters have revealed the full line-up of speakers and panellists scheduled to appear at the 2015 Global Islamic Economy Summit (GIES) in Dubai, UAE. Together with close to 2,000 policymakers and business leaders, the s

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