SIB successfully issues $500 million sukuk

Sharjah Islamic Bank PJSC (SIB), a leading UAE Islamic bank, successfully closed a USD500 million sukuk (Islamic finance “bond”) in international capital markets, on Thursday. The issuance received an outstanding response from international investors, garnering […]

Placido Domingo enthralls all at Dubai Opera

Iconic Dubai Opera will drive cultural tourism and reap economic dividends for the city Emaar Properties has placed Dubai centre stage in the fast-growing global arts industry with the pre-opening of its premier cultural destination, […]

Large whale sighted off Kuwait

Kuwaiti fishermen stumbled across a large whale in the Gulf country’s territorial waters and they believe it was the first time such a big fish came so close to the shore. A YouTube film published […]

Two home liquor factories busted in Saudi

Saudi police busted two liquor factories at two separate houses during raids on suspected illegal migrant concentrations in the Gulf kingdom. Ajel newspaper said police raided two houses and arrested several African men and women […]

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