Citigroup Earnings Rise 74% to $3.8 Billion
With a big push from a one-time accounting gain, Citigroup on Monday squeezed out its seventh-straight quarterly profit, but it faces significant challenges to growth. Citigroup announced a third-quarter profit of $3.8 billion, or $1.23 a share, beating analyst consensus estimates of 81 cents a share. That represented a 74 […]
Getting back to business in Libya
As politicians and diplomats strive for a return to normality in Libya, potential avenues for Swiss business are being sketched out. However, there is still a lot of work to be done before business with Libya can go back to how it was under Moammar Gaddafi’s rule or even expand. […]
Hadhrat Mirza Masroor Ahmad exposing Islamophobia of Geert Wilders and urging prayers for the Queen of Holland
The international leader of the Ahmadiyya Muslim Community, Hadhrat Mirza Masroor Ahmad (Hudhur) said that although the community in Holland is small, it should realise its responsibility. The objective is not fulfilled by a few people doing the work. The unfortunate person who has been using unrestrained, brazen stance against Islam and the Holy Prophet Muhammad (peace […]
Religious Extremism Destroying the Entire Fabric of Pakistani Society
Religious Extremism is destroying the society, debate conducted in a programme “Awam ki adalat – court of nation”. This debate is in Urdu; it is a clear manifestation of societies of Pakistan and of many countries. In the beginning of the programme 82% audiences voted that the society is being destroyed […]
Where is Israel’s compassion toward refugees?
Haaretz Editorial: At a time in which an entire nation is filled with pride over the rescue of one individual, Gilad Shalit, it should also demonstrate empathy for those from beyond our midst. The plight of 28-year-old Somali Abbas Said Omar that was reported yesterday in Haaretz by Dana Weiler-Polak […]
Indonesia plans to sell $500 mln global sukuk this year
KUALA LUMPUR: The Indonesian Finance Ministry is targetting a $500 million 5-year global sukuk issuance this year, an official told reporters at an Islamic finance forum here on Monday. “We are looking for the benchmark tenor, but we hope to have longer (tenures),” Dwi Irianti Hadiningdyah, deputy director of Islamic Financing for the ministry’s debt […]
Understanding anti-Malaysianism in Indonesia
And so, as it happens time and again, there appears to be yet another diplomatic spat looming over the horizon between Malaysia and Indonesia. The cause of it, this time round, is a dispute over border-land markers somewhere in East Malaysia/Kalimantan that appear to have been moved by persons yet […]
Under the guise of struggle against extremism… Под видом борьбы с экстремизмом…
A senior member of Jama’at Ahmadiyya Kazakhstan reported on 16th of October 2011: Dear friends, Peace be upon you all! Alislam.org (Ahmadiyya Muslim Jama’at’s site) has been blocked in Kazakstan!!! Just last night I watched it, now it is impossible. Google sees the site, it is working, but at […]
Alternative punishment option open, says Al-Eisa
By MD AL-SULAMI | ARAB NEWS JEDDAH: Options other than prison time are to be considered when judges pass sentences on minor crimes, Justice Minister Muhammad Al-Eisa said on Saturday while opening a forum on modern trends in alternative punishments in Riyadh. “The modern trend in criminal law is to […]
Israel names prisoners to go free in Shalit deal
OCCUPIED JERUSALEM (Agencies) – Israel on Sunday released a list of 477 Palestinian prisoners to be released as part of the deal to secure Gilad Shalit’s freedom, many of whom were involved in bloody attacks, Agence France-Presse reported. Hundreds of them are serving life terms after being convicted of involvement […]
100 telephone cabins for pilgrims to seek fatwas
By MD HUMAIDAN | ARAB NEWS JEDDAH: The General Presidency of the Two Holy Mosques Affairs will establish more than 100 telephone cabins at the lobbies and the gates of the Grand Mosque. They will be connected to the offices of religious scholars to answer queries by pilgrims around the […]
Makkawis lose traditional rent income during Haj
By BADEA ABU AL-NAJA | ARAB NEWS Published: Oct 16, 2011 23:38 Updated: Oct 16, 2011 23:38 MAKKAH: Until about 30 years ago, the Haj season was seen as an important source of income for Makkah residents. It helped them to earn money that enabled them to meet their daily […]
The massacre that Paris denied
Source: Guardian Author: Nabila Ramdani Republican values of liberté, egalité, fraternité will be all but forgotten when thousands of Parisians recall the most murderous episode in the French capital’s postwar history tomorrow. Commemorations are planned for the 50th anniversary of the French-Algerian massacre, when up to 200 peaceful protesters were slaughtered in cold […]
Pakistan recognizes the National Transition Council government in Libya
In the letter he had stated that recognition was needed in the interest of a large number of Pakistani expatriates employed in Libya as there were indications that the NTC could move to substitute Pakistani workers with Indians because of Islamabad’s hesitation in recognizing the new government Islamabad: Pakistan has decided […]
Genetic Code of World’s Oldest Person
AMSTERDAM – A Dutch woman who held the title of the world’s oldest person when she died, aged 115, credited her longevity to a daily meal of herring, not smoking and limiting her alcohol intake. Six years later, however, scientists hope her genes may provide a better answer — and […]
Lone woman elected to Oman council
MUSCAT – The Majlis A’Shura 7th Term elections saw only one out of 77 women candidates being elected to the 84-seat council. The previous term did not have any woman representative. Read more
Expat women struggle for rights granted by religion
Indian, Pakistani and Filipino women are afraid to speak about their suffering marriages in public due to the social stigma related to divorce. They feel they lack credibility in comparison to men. Mahira Tahir, a 38-year-old Indian living in Jeddah, told Arab News, “My first fear is that I will […]
G20 finance chiefs back Europe bank rescue
NEW YORK (CNNMoney) — Finance ministers from the world’s largest economies pledged Saturday to take “all necessary actions” to stabilize global financial markets and ensure that banks are well capitalized. “We will ensure that banks are adequately capitalized and have sufficient access to funding to deal with the current crisis,” […]