Politics
Gulf Finance House to Complete $300 Million Jordan Gate Project Early 2011
Gulf Finance House said the $300 million Jordan Gate property development project in Amman will be completed in early 2011, according to an e-mailed statement from the Bahrain-based investment bank.
Kuwait Finance House May Invest in Islamic Banks in Asia, Al-Anba Reports
Kuwait Finance House Bhd., a unit of Kuwait’s biggest Islamic bank, is in talks with institutions in Japan to form “strategic alliances” for Islamic banking deals, Al-Anba reported, citing unidentified people familiar with the matter.
Growing Islamic finance should diversify, regulate–analysts
KUWAIT CITY—Islamic finance, which prohibits charging interest, is set to double in size in five years, but the one-trillion-dollar industry must diversify and regulate to realize its full potential, analysts and economic reports say.
Japan Finance Minister Noda Says Coordinating Yen Intervention `Difficult’
Japanese Finance Minister Yoshihiko Noda said it would be “difficult” to gain support for international coordination to halt the yen’s gains, signaling any sales of the nation’s currency would have to be unilateral.
Finance reports offer insight into closely watched state House and Senate races
Check out finance reports from the 75th and 29th districts.
Czech Finance Ministry Hires Banks to Sell Eurobonds in the `Near Future’
The Czech Republic mandated Barclays Capital, Ceska Sporitelna AS and Deutsche Bank AG to arrange a planned sale of bonds in euros, the Finance Ministry said.
Willis Lease Finance agrees to buy $300 million aircraft for move into regional airlines
NOVATO — Aircraft and engine lessor Willis Lease Finance Corp.
Romanian Finance Minister Says He Will Be Replaced in `Political’ Decision
Romanian Finance Minister Sebastian Vladescu said he will be replaced as part of a “political” decision, he said in a phone interview today after meeting with Prime Minister Emil Boc.
Finance shake-up – after $8b wiped out
The biggest shake-up of the finance sector in 35 years is under way in a bid to restore shattered confidence, but it will be too late for most of those who invested more than $8 billion in finance companies that then failed.
Finance Ministry trying to revive Tel Aviv light rail plan
Deputy Finance Minister Yitzhak Cohen is attempting to strike a compromise between the state and the MTS consortium that was awarded the franchise to build the light rail network in the Tel Aviv area.
