DUBAI / WAM The government of Indonesia on Thursday listed two Sukuk with a total value of US$3 billion on Nasdaq Dubai. The listings raised the total nominal value of all Sukuk listed in Dubai above US$50 billion for the first time, to a global record high of US$52.06 billion. The Indonesian government is the largest issuer on the …

  Dubai / Emirates Business Marka PJSC (DFM: MARKA), the first retail-focused listed company in the UAE, on Thursday released its audited full year 2016 financial results. For the 12 months ending December 31, 2016, the company reported total revenue of AED 294 million, an increase of 36.89 % over the full year results for 2015. The results revealed an …

  Dubai / Emirates Business Mashreq Al Islami – the Islamic banking division at Mashreq bank, as part of its ongoing campaign to make a difference to the lives of the underprivileged, has tied up with Emirates Red Crescent to deliver its promise of the ‘contribute for good’ feature on its credit card. The bank, inspired by the UAE’s Year …