Tuesday bullets

• DP World made a periodic payment on its sukuk yesterday, signifying that it may escape much of the crisis in Dubai that centers around real estate.
  
• Thailand may see the first sukuk issued in the first quarter of 2010.
  
• Islamic finance may find opportunities in financing shipping and the deterioration in the global economy may present opportunities for the industry to acquire assets at a discount.
  
• Gatehouse Bank is launching its trade finance fund, which it will offer with DDCAP Limited.
  
• Cyprus may try to attract Islamic finance with regulatory changes and the 'establishment of a framework to attract Islamic finance'.
  
• Gulf Finance House wrote down its exposure to Dubai through the Legends Project, which it said accounted for all of its material exposure to Dubai.
  
• The high court in the Indian state of Kerala blocked the formation of an Islamic venture capital bank partially financed by a state-owned company.