Feature story

Islamic finance poised for massive growth as London becomes key hub outside the Middle East

London is emerging as the key centre for Islamic finance outside of the Middle East as financial institutions clamber to become part of a growing market. Currently it is estimated that Islamic banking manages funds of $200 billion. It is predicted to increase by up to 15% a year and be worth a trillion dollars by 2010.

Company news

The Canaries are singing a new song

Once upon a time the Canary Islands were an exclusive holiday haunt for only a select few who actually knew where the Spanish archipelago was hidden in its tucked away corner of the North Atlantic Ocean.

Forum Watch

Forums debate the good prospects in German property market but finance is a big hurdle

With Germany emerging as one of the best longer term property investment prospects amid the credit crunch it has also become a major topic on the property forums this week.

Currency watch

Dollar ends on a positive footing

Lots of volatility on the exchange markets yesterday, with the dollar losing some of its recent initial strength but ending on a positive footing.

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