Saeed Azhar, Joshua Franklin DUBAI/ZURICH (Reuters) – Saudi Arabia has announced it will confiscate money and assets held by dozens of top officials and businessmen detained in an anti-corruption crackdown. But the experiences of two other Arab states trying to recover stolen money, Egypt and Tunisia, suggest Riyadh may face […]
US President Donald Trump and his Chinese counterpart Xi Jinping meet business leaders at Beijing’s Great Hall of the People. PHOTO: REUTERS Chong Koh Ping China Correspondent BEIJING – Chinese and […]
Frank Kane | Published — Wednesday 8 November 2017 Where does the initial public offering (IPO) of Saudi Aramco stand after the dramatic weekend intervention by President Trump in support of attempts by the New York Stock Exchange (NYSE) to stage the record-breaking IPO? Even by his own standards, it […]
The biggest evil of Capitalism is that the wealth of the nation is amassed in the hands of a limited few and the rest of the nation becomes a prey to want and poverty. It was on account of this iniquity that Communism gained its roots. lt is based on […]
By Simon Bradley November 3, 2017 2:42 PMNov 3, 2017 – Swiss Post has been testing a robot parcel service in Bern, Zurich, Köniz (canton Bern), and Biberist (canton Solothurn) (Keystone) The […]
A release of internal emails has revealed that U.S. agrochemical giant Monsanto manipulated studies of the company’s herbicide, Roundup. Experts believe the product causes cancer – and the consequences for the company could be dire. By Philip Bethge October 24, 2017 Some companies’ reputations are so poor that the public already has […]
By swissinfo.ch This content was published on October 26, 2017 Ernesto Bertarelli is one of Switzerland’s 35 billionaires (Keystone) The total wealth of the world’s 1,542 billionaires – including 35 in Switzerland – grew 17% to $6 trillion (CHF5.93 trillion) last year, led by a surge in Asia’s emerging […]
Islamic Banking The Islamic Financial system What is Islamic Banking? Islamic Banking Principles Rule of Permissibility Prohibition of Interest Other Key Prohitbitions Islamic Economics Order Wealth and Islam Profit-Loss-Sharing and Financing Modes Pricing Transactions linked to Interest-rate Benchmark Islam’s Approach to Ethical Investment Shari’ah Authenticity Shari’ah Supervisory Board [Religious […]
Source: Pew Research Center BY DREW DESILVER As Congress and the White House pivot from trying to repeal the Affordable Care Act to overhauling the U.S. tax code, it’s helpful to take a closer […]
Lawrence Wintermeyer , Contributor Opinions expressed by Forbes Contributors are their own. Guest post written by Harris Irfan Harris Irfan is Managing Director at Cordoba Capital and author of “Heaven’s […]
Arab News | Published — Thursday 5 October 2017 MAKKAH: The Makkah Region Development Authority has announced the completion of field work on the Haramain Express Train. It expects […]
By Olivier Pauchard This content was published on October 1, 2017 Employees test the quality of Nescafé instant coffee at the Nestlé production site in Orbe(Keystone) Your fix of morning joe […]
Agence France Presse RIYADH: Saudi Arabia Thursday announced it had undertaken another multi-billion dollar bond sale to finance a persistent budget deficit left by low oil prices. The world’s top crude oil exporter raised $12.5 billion in its third international bond issue, the finance ministry said. It comes as Saudi […]
Source: Pew Research Center BY ABBY BUDIMAN AND DREW DESILVER Public debt has increased sharply in many countries in recent years, particularly during and after the Great Recession. Globally, the total amount of […]
Source: Pew Research Center BY DOROTHY MANEVICH Supporters of German Chancellor Angela Merkel, top candidate for the conservative Christian Democratic Union party in the upcoming general elections, hold up posters to […]
Sep 20,2017 – JORDAN TIMES – Benjamin J. Cohen For nearly a century, the US dollar has been viewed as the financial world’s ultimate safe haven. No other currency has promised the same degree of security and liquidity for accumulated wealth. In past times of trouble, skittish investors and prudent […]
by Nimira Dewji Posted on September 14, 2017 Côte d’Ivoire – Azito Energie Kenya – Kipevu II Power Project Tajikistan and Afghanistan – Pamir Energy Uganda – Bujagali Hydroelectric Project Pakistan […]
SAUDI ARABIA TARIQ AL-THAQAFI | Published — Monday 28 August 2017 Saudi military police officers assist pilgrim at the Grand Mosque in Makkah on Sunday. (AN photo by Ahmed Hashad) MAKKAH: Economic experts have said Hajj and Umrah revenues are poised to exceed $150 billion by 2022 in light of […]
The summer months appear to have been anything but restful for policymakers in Saudi Arabia working on the Kingdom’s enormous privatization program, judging by the amount of public information that has been made available on this crucial subject. Just by way of background: The Vision 2030 strategy, aimed at diversifying […]
Published in May-Jun 2012 By Adnan Syed Superficiality is rampant in advertising, and is the most obvious in the advertising for Islamic financial services. Let’s face it; the world of advertising is a make-believe world. It is a world built on outward appearances and people ridicule it for its […]