Friday 22 August 2014
 
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GFH to list $200m sukuk on Nasdaq Dubai

Bahrain-based Gulf Finance House (GFH) has signed a memorandum of understanding with Nasdaq Dubai to list a new sukuk of $200 million. In a filing to the Bahrain Bourse, GFH said it plans to use the proceeds from the sukuk to repay curr

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Saudis call for action against ‘aphrodisiac’ on menu

Families in Saudi Arabia’s western Taef have called for action against a local restaurant promoting juices ‘exclusively for married couples,’ said a report. Parents have complained that they were shocked to see t

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Marka to list shares on DFM in mid-September

Dubai retailing and restaurants group Marka plans to list its shares on the Dubai Financial Market (DFM) in the second week of September, in what would be the bourse's first flotation for five years, the comp

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Bapco on hacking group Anonymous' hit list

Bahrain Petoleum Company (Bapco) has appeared on a list of petrochemical companies that could be targeted by infamous hacking group Anonymous.   Internet security firm Symantec has issued a notice on its website

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170 in Forbes' 'Top Indians in Arab World' list

As many as 170 individuals have made it onto the Forbes Middle East list of Top Indian Leaders in the Arab World,  a ranking that celebrates the achievements of India’s top movers and shakers in the Middle East business world.

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Directory of 800 Mena varsities launched

US News & World Report, a leading provider of information analysis, has created a comprehensive directory of more than 800 universities across the Mena region. US News editors unveiled a test version of the proposed directory

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Warba Bank to list on stock market Sept 3

Warba Bank, a Kuwait-based Islamic lender set up three years ago, will be listed on the country's stock exchange on September 3 after a restriction on public trading of the stock ended, an analyst and an industry source familiar with the mat

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Saudi tops GCC spam list in Q3

Saudi Arabia emerged out as the leader in the entire GCC region as the source of spam during the third quarter followed by the UAE, said Kaspersky Lab, a top developer of secure content management solution. Releasing the Q3 report

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Four Seasons one of ‘100 best’ to work at

Four Seasons has been named as one among Fortune magazine’s list of ‘100 Best Companies to Work For’, by its employees for the 15th year in a row. “As one of only 13 organisations to have the distinction of being recognised every year sinc

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Turkey tops high-spending Arab tourists' list

Turkey has become a hot destination for Arab tourists in recent years, thanks to the Arab interest in Turkish culture - from TV soap operas, pop music and food to  its Ottoman history, said experts. Istanbul, the old imperial capital

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