07/10/2014

Luxembourg parliament approves Islamic 'sukuk' bonds

The parliament of the Grand-Duchy of Luxembourg on Thursday approved a draft law allowing the sale and buy-back of real estate assets for the purpose of issuing its first Islamic finance bond, key to attracting more clients from wealthy Gulf nations.

07/04/2014

Luxembourg eyes Europe bridge

Gramegna also said Alipay, a major online payment platform in China, would set up its European entity in Luxembourg following other Chinese financial companies.

06/29/2014

BISX Continues to Expand its Mutual Fund Listings

BISX Mutual Fund Listing Process and have been added to the roster of funds listed on the Exchange. Both seek capital appreciation by investing in a variety of instruments and financial products.

06/27/2014

Chinese company invests in Caribbean

Yida International Investment, a China-based investment group, plans to spend US$2bn to develop a destination resort with a casino on the Caribbean island nation of Antigua and Barbuda.