As Oman prepares to introduce Islamic finance, a restriction on the money market instruments which banks can use may curb their ability to manage funds in the market, hurting profitability. Authorities are expected to release Islamic banking rules by yea
Libya’s National Oil Corporation is reviewing a proposal for a Benghazi branch as officials contend with opposition by NOC staff in Tripoli versus protests and threats of output cuts by workers in the oil-rich east who want more control there. The NOC
Syrian rebels killed 28 soldiers in attacks on three army checkpoints on the main road from Damascus to the embattled city of Aleppo Thursday, a watchdog said. Five rebels were also killed in the attacks near the city of Saraqeb in Syria’
أخلت السلطات الكويتية سبيل المعارض البارز مسلم البراك بكفالة مالية، بينما تعقد المعارضة اليوم اجتماعا طارئا بعد مواجهات عنيفة استمرت خلال
US regulators gave bank 30 days to show why it should not be penalised for manipulating physical electricity prices.
The “Promotion of Virtue and Prevention of Vice Authority” group , in Egypt’s eastern city of Suez has attacked a man for not allowing them to use his private toilet and ordered to cut his brother tongue for “cursing” Islam. Ahmed Gharib, this
At least nine Iranian women political prisoners have gone on a hunger strike to protest snap body searches and abuse by prison guards at the main prison in Tehran, according to an Iranian opposition website. The kaleme.org reported late
بدأت 9 سجينات سياسيات في إيران إضراباً عن الطعام احتجاجاً على طريقة التفتيش الذاتية وسوء المعاملة عن طريق حارسات سجن إيفين بطهران، نقلاً عن
كشفت صحيفة "يديعوت أحرونوت" الإسرائيلية، في عددها الصادر الخميس، عن هوية وصورة الجندي الإسرائيلي الذي أطلق النار على القائد الفلسطيني
The Egyptian president was this week bombarded with criticism after an attempt to interpret and define a verse from the holy Quran in a speech missed the mark. Mohammed Mursi, the Egyptian premier who won the Egyptian presidency as the official candidate
Israeli security forces destroyed makeshift structures in a wildcat settlement outpost on Thursday, sparking protests which saw six Jewish settlers arrested, police and the army said. “The army went to demolish two structures erected with