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Riffat Mughal

Dubai Islamic eyes bond sale for unit Tamweel - 0 views

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    DUBAI: Dubai Islamic Bank (DIB) and its unit Tamweel, plans to conduct fixed income roadshows in Asia, Europe and the United Arab Emirates and a potential bond issue guaranteed by the bank may follow, DIB said on Wednesday.
Riffat Mughal

Brent crude falls to about $103 on stockpile gain, euro crisis - 0 views

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    SINGAPORE: Brent crude fell to near $103 on Thursday, declining for a second day after a bigger-than-expected increase in U.S. stockpiles heightened concern that demand may slow and doubts over the eurozone rescue fund weighed on confidence.
Riffat Mughal

Dubai's Tamweel plans up to $500mln Sukuk in Q4 - 0 views

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    DUBAI: Islamic mortgage lender Tamweel, whose shares resumed trading in May, will issue a $300-$500 million sukuk, or Islamic bond, in the fourth quarter, the acting chief executive of the Dubai-based company said on Tuesday.
Halal Tamweel

Brent above $102; Libyan oilfield may be in ruins - 0 views

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    SINGAPORE: Brent crude held above $102 after surging in the previous session as pessimism about weaker demand was outweighed by a surprise drawdown of U.S. inventories and concerns that Libya's largest oilfield could be damaged.
Riffat Mughal

Oil slips for 2nd day on debt concerns, dollar - 0 views

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    SINGAPORE: Brent crude slipped below $112 a barrel on Monday as Europe stumbled over attempts to solve the euro zone debt crisis, strengthening investor fears commodity demand growth may slow.
Riffat Mughal

Gold dips to 1-mth low in commodities sell-off - 0 views

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    SINGAPORE: Gold prices dipped 1 percent on Friday, headed for their sharpest weekly loss since May, amid a sell-off in commodities sparked by fears the global economy could plunge back into a recession.
Halal Tamweel

Brent crude stays firm above $105 on eu's move - 0 views

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    SINGAPORE: Brent crude stayed firm above $105.50, boosted by Europe's move to shore up ailing banks and expectations that the U.S. economy may not be sliding into recession.
Riffat Mughal

Brent stays near $109 on Europe optimism, Kuwait strike - 0 views

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    SINGAPORE: Brent crude held near $109 on Tuesday on cautious optimism that European banks may avert a financial crisis after leaders promised a plan to resolve the region's debt woes while a strike in OPEC member Kuwait threatened exports.
Riffat Mughal

Foreign Selling may pressurize KMI today - 0 views

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    KARACHI: Result season is going to bring interest in refinery, exploration, banking and fertilizer stocks. Blue chips results might bring a positive momentum in the market. High dividend yielding stocks will remain in limelight. Market is expected to be range bound today as foreign institutional selling make investors cautious.
Halal Tamweel

Pakistan cotton prices up | HALALTAMWEEL.COM - 0 views

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    KARACHI: Pakistan cotton prices increased with improved volumes during trading session on Tuesday. Rates are expected to stay firm at current levels due to decline in unsold stock. In case of further increase in demand, rates may go up.
Halal Tamweel

International links may help Turkey's Islamic bank sector - 0 views

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    ISTANBUL: Turkey's Islamic banks could continue their recent strong growth if they can cultivate stronger ties with their international owners and create a sustainable brand image, in Standard & Poor's Ratings Services' view.
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