Middle East tensions: Fitch issues outlook for sukuk issuances
While about 84% of Fitch-rated sukuk in the GCC countries were rated investment grade, 63.2% was in the ‘A’ category, while 90% of issuers were on Stable Outlooks...
Tag : Iran
Operation Barakah: Jazeera Airways keeps Kuwait open amid Iran conflict
In the coming weeks, Jazeera Airways will further expand "Operation Barakah," while preparing for the full resumption of normal services from Kuwait once conditions allow...
In its first meeting of 2026, OPEC+ keeps oil output steady amid geopolitical turmoil
The eight OPEC+ members, Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman, raised oil output targets by around 2.9 million barrels per day in 2025...
Oil slumps 17% in Q3 as Middle East conflict offset by slowing demand
The world's second-biggest economy and top oil importer, China, announced fiscal stimulus measures recently, but the impact on oil prices was muted...
Iran’s new oil deals: All you need to know
Iran can produce about 31.8 million barrels of crude oil per day, according to the IEA's most recent estimate...
Islamic Finance: Pioneering Ethical Banking
Ethical banking and Islamic finance acknowledge the value of interacting with stakeholders, such as clients, investors, and the community...
Dollar’s kingship under threat?
As of 2023, central banks hold about 60% of their foreign exchange reserves in Dollars...
After a two-year hiatus, US oil shipment heads to South Africa
Kpler data show that Saudi Arabia, West and Central Africa, and South Africa are the primary sources of South Africa's oil...
US imposes fresh sanctions: More trouble for Chinese, UAE firms
The United States imposed penalties on companies from Singapore, Hong Kong, and the UAE, as per the Treasury website....