Corporate restructurings were until recently relatively rare in the oil-rich Arab Gulf, but the experience is particularly novel for investment companies and banks that adhere to Islamic, or sharia, law.
Add Comment LEBANON: Turkey and Lebanon should work together to create a larger Islamic market in the Middle East and eastern Mediterranean region, said Lebanon`s parliamentary speaker Nabih Berry. Berry said Turkey and Lebanon should also aim to enter European markets as well as member states of the Organization of the Islamic Conference. He felt that both countries would gain from such collaboration, as a large joint market would increase opportunities in production and export to all countries in the world. |



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