New year 2014 will likely be very significant at least from the viewpoint of the London Stock Exchange, which stakes to become the world centre for Islamic finance. Earlier last year, Britain’s Prime Minister David Cameron announced the plan to issue sukuk – Islamic financial certificates often compared to Western bonds. The first sukuk certificate […]
The 17th U.S.-Africa Business Summit is held in Luanda, Angola this June 22 – 25 under the theme, “Pathways to Prosperity: A Shared Vision for U.S.-Africa Partnership”. The summit, bringing together more than 1,500 delegates including African presidents, heads of government, cabinet members, and senior U.S. Government officials and leaders from U.S. and African companies, […]
Saudi Arabia Monday announced creation of an Islamic coalition of made 34 countries to wage war against terrorism with Morocco emerging as regional tiger, reports say. The announcement was made by Saudi Defense Minister, Mohammed bin Salman, son of Saudi Monarch Salman. The new coalition according to the minister will include Jordan, United Arab Emirates, […]
