$150 million AFC sukuk transaction on Nasdaq Dubai

By Rajive Singh DUBAI: Africa Finance Corporation (AFC) has carried out a $150 million Islamic financing transaction on the Murabaha platform of Nasdaq Dubai, the international financial exchange serving the Middle East and Africa. The […]

Saudi approves GCC VAT agreement, UAE next?

By Sheena Amos RIYADH: The Saudi Cabinet approved the Unified Agreement for Value Added Tax on Monday. The agreement, announced during the 37th Gulf Cooperation Council Summit, will be implemented throughout the GCC. The implementation […]

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