Al Salam Bank-Bahrain (ASBB) said it has launched the world's first Asian real estate investment trust (REIT) fund that invests along Sharia principles.
ASBB is the sponsor and seed investor for the Al Salam Asia REIT Fund, wh
Iran's top two oil customers China and India have boosted imports in January, taking in close to the total volume it is permitted to sell to all buyers following the recent easing of sanctions.
The jumps indicate Iran's to
Aerospace firms will finalise billions of dollars of deals at next week's Singapore Airshow, hoping to ride out a storm in emerging markets whose prosperity is vital to their plans to keep producing record numbers of jets.
Asian buyers cut their purchases of Iranian crude by 15 per cent in 2013 and shipments to Tehran's biggest oil customers are expected to recover only slightly this year, even after a deal with the West eases some sanctions.
The International Air Transport Association (IATA) has appointed Conrad Clifford as the new regional vice president for Asia Pacific region. He succeeds Maunu von Lueders, who is retiring from IATA.
Clifford joins IATA on February
Asia's manufacturing sector ended 2013 on a strong note, with expansion hitting multi-year highs in export-driven Japan and Taiwan, but signs of moderation in China raises concerns about the outlook for the new year.
Standard Life, a leading provider of long term savings and investments to around 6 million customers worldwide, has established an Asia advisory board to provide guidance and advice on its strategy to grow across the region.
Booming housing markets in emerging Asia have pushed global residential property prices to a new peak, according to a new report.
Consultancy Knight Frank's global house price index rose 4.6 per cent over the 12 months to the
Middle East oil exporters are locked in an increasingly fierce battle for the world's fastest-growing markets in Asia, as producers worldwide ship more crude east to compensate for shrinking demand from the US and Europe.
The US State Department has extended six-month Iran sanctions waivers to China, India, South Korea and other countries in exchange for their reducing purchases of Iranian crude oil earlier this year.
The waivers had been expected.