Many Middle Eastern investors and bankers watched complacently as the credit crunch devastated western markets in 2007. But now, several sukuk are also being restructured, showing the rain of this crisis falls on the virtuous and the wicked alike. Eva-Luise Schwarz reports.
 

The American lending company QuickCashLoans specializing in providing short term loans to US citizens has implemented an online loan application form.c 

As Dubai, Bahrain and Qatar compete to become centres of finance, London is steadily establishing itself as an alternative, writes
Julian Evans.

Racing driver and entrepreneur David Richards has been working in motorsports for 30 years, winning world rallies as a driver, running rally and Formula One teams as a manager, and setting up and managing companies as an entrepreneur. He is a pioneer in bringing motorsports to the Middle East, having set up  the first ever rally series in the Middle East when he was just 25.

As new players enter the Kuwaiti banking market and the central bank tightens lending rules, existing domestic players are increasingly
looking abroad, writes Clare Dunkley.

Boosted by a wave of reforms and foreign investment, Turkish banks are confident that they can weather the current climate of slowing growth and rising interest rates and resume their rapid growth. Of course, there will be winners and losers. And privatisation is still to come, writes Bernard Kennedy in Ankara.

As Egypt's government faces food riots and discontent on the street, foreign investors keep on coming.

The Islamic Development Bank’s largest sustainable Sukuk issuance and its largest every US dollar denominated funding ignites the Islamic finance market across the GCC region where a shift towards Shariah-compliant instruments is accelerating.

The emirate is looking to raise billions of dollars to build infrastructure ahead of the 2020 World Expo

Bank of Sharjah is marketing a new US dollar bond, and the issuer will likely have to field tricky questions on one of its major shareholders after Standard & Poor’s slashed the Emirate of Sharjah’s rating by two notches at the end of January.

Dubai Islamic Bank has chosen six banks to run a sukuk roadshow.

The finance boss continues to keep a careful eye on cash after moving the company's stock market listing from London back home to Dubai.