The managing director of Jaiz International Plc Alhaji Mohammed Bintube has said that Islamic banking market in Nigeria has grown to N4.35 trillion (US$ 27.7 billion). Bintube who was one of the speakers at the Enhancing Financial Innovation and Access ...

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Turkish Foreign Trade Minister Zafer Çağlayan has said the primary reason for the low volume of trade between Indonesia and Turkey is a lack of sufficient recognition of one another and claimed that the trade volume would be $10 billion ...

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In its recent publication, the Oxford Business Group talks to Sadrettin Karahocagil, President of the Turkish South-eastern Anatolia Project (GAP). Karahocagil talks about the importance of agriculture growth for economic development in the south eastern area of Turkey, as well ...

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The Development Bank of Turkey (TKB) plans to provide some $1 billion in loans for Turkish small and medium-sized enterprises (SMEs) that are feeling the worst of the global financial crisis, as quoted by Turkish leading english newspaper, TodaysZaman. Speaking ...

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Islamic Finance News, a global provider of information and news regarding the field of Shariah-compliant financing, will be holding a “roadshow” today in İstanbul, reported TodaysZaman. With Islamic finance practices sprouting in various parts of the world, particularly after the ...

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Bangladesh Bank (BB) will prioritise credit flows for productive sectors like small and medium enterprises and agriculture, said its governor last week, as quoted by Bangladesh media, STARStar Business Report. “Be innovative to give a boost to the economy,’ Dr ...

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Malaysia’s approved foreign direct investment in the manufacturing industry plunged 79 percent in the first quarter amid slumping global demand for the country’s products, a minister said, as quoted by Bloomberg. The Southeast Asian nation approved 3.3 billion ringgit ($931 ...

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The global downturn that reduced foreign direct investment (FDI) by some 15% in 2008 will probably intensify in 2009, especially for developing countries, UNCTAD´s Secretary-General said. UNCTAD Secretary-General Supachai Panitchpakdi told the first session of UNCTAD´s new Investment, Enterprise, and ...

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Egypt’s banks appear to be weathering the global financial storm far better than many of their regional and international counterparts, due not only to the reform efforts of the Central Bank but also to the underlying strength and prudent management ...

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Indonesia expects the 42nd Annual Meeting (May 2-5, 2009) of the Board of Governors of the Asian Development Bank (ADB) would recommend a solution to the impact of the global recession, said an Indonesian minister quoted by the Indonesian national ...

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