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1. SPECIAL COMMENT - The need of the hour: an Islamic Sovereign Wealth Fund By Rushdi Siddiqui, head of Islamic Finance at Thomson Reuters It took Islamic finance forty years to reach the magical US$1 trillion benchmark (in terms of size or assets under...
2. Middle East States’ Foreign Assets To Hit $2.2 Trillion By Year End: IIF The Arab World’s foreign assets will rise to a stunning $2.2-trillion this year, says the IIF. But the key to growth in the region will not be financial resources but...
3. $1-Trillion Of Oil Revenues May Be Looking To Buy Assets Next Year: MS Goldmans Sachs one of the most accurate forecasters of oil prices, expects a correction soon. On the flip side, Morgan Stanley says high oil prices means $1-trillion of oil profits...
4. Iran’s Oil Exports Set To Hit $100Bn in 2011, Despite Crippling Sanctions With a string of impressive economic policies, Iran has ensured that it remains a major energy supplier, despite various restrictions imposed by the western international community...
5. OPEC Set To Rake In $1 Trillion In Revenues Members of the Organization of the Petroleum Exporting Countries (OPEC) could earn an estimated USD1,171 billion of net oil export revenues in 2012 and USD1,133-billion in 2013, according to the...