The global takaful industry is expected to grow by 20% and reach US$10-15 billion within the next decade, led mainly by the GCC countries and Malaysia.
The global takaful industry is expected to grow by 20% and reach US$10-15 billion…

The people of Indonesia, numbering 230 million, celebrated the Independence Day on August 17th
The celebration kicked of with a 17-gun salute followed by the independence proclamation by the Speaker of Indonesia’s House of Representatives, Agung Laksono. The flag-raising ceremony…

Bangladesh Bank Governor Dr Atiur Rahman (middle) speaks at a dialogue on Rethinking Trade Finance 2009: An ICC Global Survey organised by International Chamber of Commerce-Bangladesh in Dhaka last week (Photo: STARStar Business Report)
Bangladesh Bank (BB) will prioritise credit…

Foreign direct investment (FDI) plans indicate a drop over the short term, with recovery perhaps coming in 2011
The global downturn that reduced foreign direct investment (FDI) by some 15% in 2008 will probably intensify in 2009, especially for developing…

Egypt's economy growth has picked up from 4.1 percent in the previous three months
Egypt’s economic growth accelerated to 4.3 percent in the first quarter of 2009 as construction, telecommunications and transportation expanded, defying the global financial crisis.
Growth picked…

Indonesian President Susilo Bambang Yudhoyono (C) and delegates from about 70 countries pose for photographers during the opening ceremony of the World Oceans Conference in Manado on May 14, 2009. Photo: ABROR RIZKI/AFP/Getty Images
Indonesian President Susilo Bambang Yudhoyono officially…

Marine Tourism requires more proper development in D-8 countries
I Gde Wiratha, the head of Bali Chamber of Commerce and Industry, said that the development of sea tourism in Bali and Indonesia is not where it should be. The government…

Pakistan Seafood Industries Association says exports to Malaysia, Indonesia, and southeast asian countries have virtually nullified the negative impact of EU ban
Pakistan’s fish exports increased by 21 per cent in value during the nine months of the current fiscal…

D-8 recently had a special Ministerial Meeting on Food Security in Kuala Lumpur, Malaysia, to solve the asymmetric situation of the gas potency and investment of the member countries
The share of the world’s proven reserves of natural gas is…

D-8 member countries should focus more on developments in Islamic Finance
As the global downturn drags on, battering investor confidence and asset values, Islamic finance markets are expected to increasingly favor the certainty of lease-based bonds over profit-sharing structures to…