Unexpected fall in stock markets has hit Oman’s investment major Onic Holding.
The company, which had regained its lost glory in a short span of two years as one of the largest investment companies in the region, has fallen into the red again by reporting a net loss of RO913,000 for the first quarter of the [...]
One of the worst things about investing in tumultuous times can be the sinking feeling that comes when you start to feel you’ve made a terrible mistake.
Investors goof all the time.
Sometimes they buy the wrong products: There are so many complex financial instruments for sale and so many brokers who get paid high commissions to [...]
The Islamic Development Bank (IDB) would finance electricity projects in Indonesia that could be valued at 30 billion U.S. dollars, IDB Vice President Amadou Boubacar Cisse said here Thursday.
The vice president said that the bank would finance the projects by its own funds and also act as an arranger to shift resources from the Middle [...]
The swings in Florida’s real estate markets have been sobering for neophyte investors. But it can be more devastating for business owners who have been betting on the recent real estate boom for a lavish retirement.
It is especially true when they have been diverting funds and energy from expanding their businesses into buying properties.
“Real estate [...]
The Islamic Bank of Britain has launched Islamic mortgages for all Muslim communities in the UK. The new home-finance plan gives Muslim homebuyers the chance to get their foot onto the property ladder with “no compromise to the Islamic faith” and offering a Shari’ah compliant loan facility for the purchase of a new or used [...]
Major fund houses fear that volatility in the stock markets will continue for another three-four months because of surging global oil prices, pressure on interest rates and the resultant confusion over corporate earnings.
Markets are likely to be jittery for a few more months as favourable domestic and global cues are missing from the scene, UTI [...]
Asian markets closed mixed on Friday, with investors waiting for second quarter US growth data due later in the day to get a fresh lead on the outlook for the US economy and interest rates, dealers said.
They said that Wall Street provided no direction after weak US homes sales figures canceled out strong durable goods [...]
Casual diners in North and South America, Europe, the Middle East and Asia are already enjoying the atmosphere and quality food served by Ruby Tuesday. The US restaurant giant is now seeking organisations to expand its operations across Europe. Stuart Anderson reports
With more than 700 restaurants in operation in the USA, and owned by one [...]