• Islamic finance must harmonize practices to grow

    SWEIMEH, Jordan, March 3 - Islamic banking must speed standardization to grow while monetary authorities should enact laws that allow expansion into new Sharia-based products in domestic markets, industry experts said on Wednesday.
  • Saudi SABIC says domestic economy helping it cope

    Saudi Basic Industries Corp 2010.SE (SABIC) is coping better than other petrochemical companies with the global recession because Saudi Arabia will not be as badly hit, its chairman said on Saturday.
  • Dubai's Deyaar in talks to invest in 5 countries

    Dubai property developer Deyaar DEYR.DU is looking to expand into five countries to tap into cheap valuations stemming from the global financial crisis, the company's chief executive said late on Friday.