Halal sparkling grape to hit UAE shelves

DUBAI: Pearl’s Vignes de France is launching a premium grape based sparkling beverage made with grape juice and infused with carbon bubbles, in the Middle East. The beverage is sparkling, 100% natural, alcohol free, and […]

Business and Banking

ADIB, Porsche ink Islamic financing solutions deal

ABU DHABI: Abu Dhabi Islamic Bank (ADIB) has signed an agreement Porsche Middle East and Africa (MEA), a subsidiary of the Volkswagen Group MEA, to provide financial services solutions to customers of the automotive company’s […]

Business and Banking

KFH full-year 2017 net profit climbs 11.5 per cent

KUWAIT CITY: Kuwait Finance House (KFH) reported an 11.5 per cent surge in full year net profit as financing and investments income rose while expenses fell for the sharia-compliant lender. Net profit attributable to shareholders […]

Business and Banking

Meethaq Sharia’a board reviews growth strategy

MUSCAT: The Sharia’a supervisory board of Bank Muscat’s Meethaq Islamic Banking window held its first meeting of 2018 under the chairmanship of Sheikh Dr Ali Qaradaghi at Bank Muscat head office. The meeting was attended […]