Iran, Terrorism, Proliferation and Shariah-Compliant Finance
On January 5, 2009 · In "Ethical Investment", Abu Dhabi, Australia, Britain, Conference, Dubai, European Union, Financial Institution, Hamas, Iran, Islamic Banking, Money Laundering, Sharia Compliant, Shariah Banking, Shariah Finance, Shariah in Academia, Terror Funding, terrorism, UAE, USA
In April of 2008, I attended Harvard Law School’s celebration of “Islamic Finance.” This event has been labeled by others as “shilling for shariah” at Harvard and, I must say, that is exactly what it was. During the two days of presentations, there was absolutely no critical thought expressed on the wider issue of Shariah. [...]
Abu Dhabi Will Utilize California Company’s Web-Based Technology to Bring in New Business Last update: 11:00 a.m. EDT Oct. 21, 2008 ABU DHABI, UAE, Oct 21, 2008 (MARKET WIRE via COMTEX) — After a worldwide search for the best in technology, the emirate of Abu Dhabi in the United Arab Emirates (UAE) has selected [...]
Dubai May Need Help From Abu Dhabi to Fund Borrowing (Update2) By Matthew Brown Oct. 13 (Bloomberg) — Dubai may need help from Abu Dhabi and the United Arab Emirates government to finance a surge in borrowing that paid for the world’s tallest tower, palm tree- shaped man-made islands and stakes in banks worldwide. [...]
October 13, 2008 Reaching for a Higher Profile, Abu Dhabi Opens a Hub for Western Media By TIM ARANGO Twenty years ago, Abu Dhabi’s cultural cachet in the West was as a punch line in the cartoon “Garfield.” Today, backed with petrodollars, Abu Dhabi is fast becoming an international cultural hub and [...]
Saudi Arabia, IBM seek to build Middle East’s fastest computer DUBAI (Bloomberg) — International Business Machines Corp., the world’s biggest computer-services company, signed a joint-research agreement with Saudi Arabia to build the fastest computer in the Middle East. King Abdullah University of Science and Technology, also known as Kaust, and IBM will “build and [...]
Police unearth Dh320m fraudulent savings fund scheme in Abu Dhabi Staff Report Published: September 24, 2008, 21:10 Abu Dhabi: A bogus multi-million dirham investment portfolio involving 1,300 investors, who were defrauded of their life savings, was uncovered in Abu Dhabi, police said on Wednesday. An Emirati, S.A., sponsored a Sudanese, A.H., who reportedly duped [...]
The excesses of the filthy richDiamond covered Car for Dubai Leader-REAL diamonds. www.zimbio.com There are 1,200 multi-billionaires in the world and, as the rest of us tighten our belts, they’re desperate to splash out. Personal jumbo jets, nine-storey giga-yachts, football clubs, icons of contemporary art, museums in the desert — these are just some [...]
Middle Eastern family jumps onboard new private jet business Friday 19th September 2008 User tools Have your say – comment on this item Email to friend Print-friendly version The West may be in the grip of the worst financial crisis since the Great Depression of 1929, but in the Middle East families are on something [...]
The somnolent atmosphere on the Abu Dhabi Securities Exchange trading floor belies the dire state of regional equity markets. Although most companies have reported healthy earnings in the past quarter, Gulf stock markets have plunged and all are firmly in the red. Saudi Arabia’s Tadawul All-Shares index, which tracks the performance of the largest Gulf [...]
Al Hilal Bank mulls overseas expansion to tap demand for Shariah finance Published: Tuesday, 16 September, 2008, 12:56 AM Doha Time images.zawya.com/…/080325_islamic_01.gif ABU DHABI: Abu Dhabi government-owned Al Hilal Bank, the newest of eight Islamic banks in the United Arab Emirates, plans to make overseas acquisitions from 2009 to tap surging demand among Muslims, [...]
Abu Dhabi buys Manchester City It is hard to find a Manchester City shirt at the moment. Soccer fans of „The Blues“ are highly excited about the future of their home club. Big changes are up to come because the owner of the club changed. It it is not a „Somebody“ but it is the [...]
Abu Dhabi’s big deals http://www.globalresearch.ca/articlePictures/King%20Abdullah%20Al-Saud%20(2007%20Arab%20League%20Summit).jpg Hollywood The Abu Dhabi Media Company has announced a £500m-plus partnership with Hollywood. The company plans to make eight films a year over the next five years. Formula One Mubadala Development Company, owned by the Abu Dhabi government, bought 5 per cent of Ferrari for £65m in 2005. It [...]
Frank Kane in Abu Dhabi The Observer, The seven-star Emirates Palace Hotel reflects Abu Dhabi’s new ostentation. Photograph: Rabih Moghrabi/AFP Even by the standards of the bling-obsessed United Arab Emirates, the Bugatti parked outside one of the federation’s many five-star hotels was exceptional and the Emiratis, leaving their evening meals after breaking fast on the [...]
They like their football in the Gulf. The mercury may have been nudging 40C yesterday, but on the beaches of Abu Dhabi the shrieks of youngsters, playing in Arsenal shirts bearing the logo of Emirates airlines, rose above the call to Friday prayers. By John Arlidge Last Updated: 5:23PM BST 05 Sep 2008 Previous [...]
Chris Weeks/AP Sulaiman Al-Fahim Chris Weeks/AP Sulaiman Al-Fahim September 04, 2008 10:37 AM by Denis Cummings An Abu Dhabi investment group recently purchased English Premiership club Manchester City in an effort to compete with neighboring emirate Dubai, where Sheik Mohammed is renewing a bid for Liverpool. Abu Dhabi billionaire Sulaiman [...]
Tuesday, Sep 02, 2008 http://api.ning.com/files/Sul1mxFUv1lrlSoYthjMQoz2nzEg9LOoY34CKnRv34fvJQj2ivue0resYTOdWdsy7jDhKOt1K6fP0R*ePwBTGcm-SgMrjapr/HOLLYWOOD.jpg Fresh from buying into English Premier League football, Abu Dhabi has its eye on another trophy. The emirate will on Wednesday set out plans to become one of the world’s largest film producers, with $1bn to invest in productions to be made in Hollywood, Bollywood and beyond. The funding, provided [...]
http://cache.daylife.com/imageserve/0dZg6Gm2iaeL2/610x.jpg Philippine Daily Inquirer First Posted 01:57:00 08/31/2008 MANILA, Philippines—Police have arrested one of the alleged masterminds of a ferry bombing that killed 116 people four years ago, according to Executive Secretary Eduardo Ermita. Ruben Pestano Lavilla Jr. was deported to Manila on Saturday after being arrested last month in Bahrain, said Ermita, [...]
By John Irish DUBAI, Aug 27 (Reuters) – Three Gulf Arab banks will launch a specialised bank to finance infrastructure projects, an agriculture firm and a hospitality fund as rapid growth in the Middle East and North Africa lures billions in new investment. The consortium aims to set up three new Islamic financial [...]
Those who dislike US Iraq subsidies should look at the Israel dole Stephen Glain Last Updated: August 12. 2008 8:39PM UAE / August 12. 2008 4:39PM GMT This week, Congress indulged in some populist Arab-bashing when it was revealed that high oil prices could earn the Iraq government a budget surplus of US$50 billion (Dh183.6bn) [...]
C Report Assesses Progress towards GCC Monetary Union The Gate. 19 August 2008 Report identifies key policy issues to be addressed before GMU launch The Dubai International Financial Centre (DIFC) today released a report assessing the progress being made by GCC countries to achieve the convergence criteria [...]
UAE cities at odds over lifestyle, ties to Iran http://tinyurl.com/5a3ty6 DUBAI, United Arab Emirates: Abu Dhabi and Dubai have been rivals for decades, one building world-class museums as fast as the other has been throwing up skyscrapers. But the healthy competition that’s helped transform them into two of the Middle East’s most vibrant [...]
http://tinyurl.com/5edt9x Dipping oil prices shift focus from alterantive energy sources By Leah Bower, Special to Gulf News Published: August 11, 2008, 23:22 Well finally we have some good news on the oil front. Rather than a one day drop, quickly followed by crude prices resuming their upward march, we saw, prior to Russia-Georgia’s saga, [...]
Why not just let the Abu Dhabi Police get access to the airport, the homeland security and Interpol? Why not just hand them over all the stratgic info, and save them the time for hiring spies, and agents? Is this what Archibiship Rowen Williams had in mind when he wanted Shariah as part of the [...]
FAITH UNDER FIRE Saudis to Christians: Get out! Those accused of worshipping in homes ordered deported Posted: August 04, 2008 10:13 pm Eastern © 2008 WorldNetDaily King Abdullah More than a dozen Christians in Saudi Arabia who were accused by government officials of worshipping in their homes have been ordered deported. According to a report from [...]
Journal Illustration by Nicholas Weir By Margaret Coker THE WALL STREET JOURNAL Published: August 1, 2008 ABU DHABI, United Arab Emirates — With oil near record highs, the Persian Gulf is awash in cash, stimulating a return to some very conspicuous consumption. Ferrari SpA said that sales in the Middle East leapt 32 [...]
Emirates profits to tumble Anthony Richardson Last Updated: August 02. 2008 8:39PM UAE / GMT Emirates’ Airbus A380 touched down in New York on Friday, marking the first commercial arrival of the giant, double-decker passenger plane on US soil. Chip East / Reuters NEW YORK // Tim Clark, the president of Emirates airline, says he [...]
GE partners with Abu Dhabi firm for a $8 billion finance fund Bloomberg News Published: July 22, 2008 Listen to Article http://www.iht.com/articles/2008/07/22/business/22abu.php General Electric, seeking higher returns overseas, and Abu Dhabi’s Mubadala Development formed a partnership Tuesday to invest in emerging markets in the Middle East and Africa, led by an $8 billion [...]
By Robin Wigglesworth Published: July 15 2008 03:00 | Last updated: July 15 2008 03:00 UBS has appointed Per E. Larsson as chief executive of its Middle East and North Africa operations as the world’s biggest wealth manager aims to expand in the booming region. Mr Larsson was chief executive of Sweden’s OMX exchange group [...]
Will Gulf’s white knights end up in a financial black hole? Dr Mohammed Ramady Barclays Bank raised about $9bn in new capital from Qatari and Asian investors. Jaime Puebla / The National The queue seems longer now to the Arabian Gulf. First came Citigroup, the world’s largest bank, raising US$7.5 billion (Dh27.5bn) from the [...]
Middle East Airlines Just Keep Spending Most airlines are too financially strapped these days to consider splashing out billions on new planes. But Middle Eastern airlines are not like most others. In separate deals announced on July 14 at the Farnborough airshow, Saudi Arabian Airlines, Abu Dhabi’s Etihad, and Emirates startup FlyDubai announced a jaw-dropping [...]
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