Saudi Arabia issues nearly $9.6 billion local sukuk after early redemptionsThe government of Saudi Arabi has issued new local currency Islamic bonds worth around 35.9 billion riyals ($9.57 billion) after buying bac...
View: Time to include climate-responsive budgetingRecognising the importance of effective fiscal handling of climate change in the planning and management of domestic public finances, sever...
Saudi Arabia mulls more fiscal expansion in 2018 to spur economyThe biggest Arab economy contracted two quarters in a row this year after the kingdom cut its crude output to support prices.
Family values & religion: India Inc reluctant to cash in on opportunities in non-veg market?“A few clients exited Nestle due to its presence in the non-veg biz. They're mostly Jains, quite vociferous about their beliefs,” Raamdeo A...
IFC launches $1-bn offshore rupee denominated bonds; big step towards internationalising the currencyThe International Finance Corporation (IFC) launched India's first offshore rupee bond issue, which looks to raise $1 billion, in Washingto...
- Islamic NBFC Alternative Investments and Credits to move court against Reserve Bank of India
A director of the company told ET that the board is weighing legal options to obtain a stay on the regulator's decision to cancel the certi...
- Banks meet with Dubai World: Report
A group of international and regional banks met Dubai World for the first time on Monday as talks began on the company's efforts to restruc...
- S&P's lowers ratings on Pak currency debts
Standard & Poor's has reduced the rating on Pakistan's senior unsecured local currency debt to 'CCC+' from 'B-', and that of the foreign cu...
- Malaysian banks to set up ICBUs
Bank Negara Malaysia, has decided to allow commercial and investment banks in the country to set up international currency business units (...