SINGAPORE | ArabNews: Islamic finance, which puts emphasis on sharing of risks between contracting parties has an enduring appeal, especially in the aftermath of a global financial crisis, says Muhammad Al-Jasser, governor of Saudi Arabian Monetary Agency (SAMA). He said Islamic financial products could now compete with others on their own merits in the global marketplace.
He made this comment
Published News » Financial News
Islamic finance is moving to a new stage: Al-Jasser
Posted by ArabFalcon 306 days ago (http://www.arabnews.com)
In Yemen, Total will soon start shipping liquefied natural gas from the Gulf of Aden, bringing into operation a $4 billion project begun less than four years ago. The shipments will make Yemen the newest member of the world’s small club of gas exporters & should earn the government as much as $50 billion in tax revenue over the next 25 years.
Abu Dhabi's government-linked investment fund Aabar does not plan to buy either further shares in Daimler or a stake in Opel, a spokesman for Aabar said.
Asked by Reuters about a report on Friday that Aabar was raising its stake in Daimler, the spokesman said: "We are not."
Germany's Focus magazine said Abu Dhabi was in talks to raise its Daimler stake from 9.1 percent now to more than 20 p
Asked by Reuters about a report on Friday that Aabar was raising its stake in Daimler, the spokesman said: "We are not."
Germany's Focus magazine said Abu Dhabi was in talks to raise its Daimler stake from 9.1 percent now to more than 20 p
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