Oman Development Bank said it would consider opening an Islamic window to provide financial services to small and medium-sized companies.
Regions
New World Resources plans to sell OKK coking plant to offset oil losses
New World Resources said it would be selling its OKK coking plant to offset oil price declines, of which had caused losses for the company.
PetroChina talks with relevant parties for West Qurna oilfield development
State-owned PetroChina Company Ltd said it was discussing with relevant parties about developing the West Qurna oilfield in Iraq.
Doughty Hanson sells Avanza Group to Grupo ADO
Private equity firm Doughty Hanson sold Spanish bus operator Avanza Group to Grupo ADO. Private equity company Doughty Hanson & Co announced the sale of Avanza Group to Grupo ADO, a Mexican bus operator.
PMI shows expansion in Germany's private sector
The German private sector showed robust growth in August, according to Markit's PMI survey. The private sector in Germany showed signs of growth. A new survey conducted by financial information services company Markit revealed that the Purchasing Managers' Index (PMI) of Germany's private sector increased to 53.
Latest News
Malaysian Minister Paul Low said that the government would soon utilize phone tapping and employ internet monitoring devices to eradicate corporate and government corruption.
Digital analytics corporation ComScore said Yahoo beat Google for the month of July with 196,564,000 visits.
Johannesburg-based mining firm Gold Fields Ltd said it had signed an acquisition agreement with Barrick Gold to buy the latter's assets in Australia.
The Bank of Sharjah said it had signed a loan refinancing facility worth USD 200 million with five lenders.
Analysts of UBS boosted their sales projections for Apple and increased their price target to USD560 per share.
Facebook CEO Mark Zuckerberg would lead a project focused on making web access affordable for the 5 billion individuals worldwide who are not online yet.
Microsoft Corp currently offers free Surface RT tablets to schools where students utilize the Bing search engine.
CenturyLink Inc would receive USD54 million from the Connect America Fund of the FCC to finance the broadband services in suburban homes of high-cost areas.
The Silicon Valley startup would use the funding to employ new engineers for its latest wearable and programmable computing device.
