Islamic short-selling can develop market: bourse
KUALA LUMPUR: Islamic short-selling would help develop Sharia capital markets, Malaysia s stock exchange chief said on Thursday, defending plans for a controversial platform it hopes will improve market liquidity.…
Bankers eye Islamic finance jobs as crisis hits
MANAMA: A growing number of investment bankers whose jobs have been axed due to the global financial crisis are leaving conventional banking to move into Islamic finance, banking executives say.…
Top African trade bloc says ready to launch custom union
HARARE: Africa s largest trading bloc COMESA will launch its customs union at a long-delayed summit in Zimbabwe in June, the group s secretary general said on Friday. We are…
France Tel: File submitted for Mobinil
CAIRO: France Telecom said Thursday that it, along with Orascom Telecom, contacted Egyptian regulators about transferring Orascom s shares in Mobinil, Egypt s largest mobile phone service provider by subscribers.The…
Rappers tone down sparkle but not swagger
The hip-hop world is a less bling-bling place these days.The music genre has been defined as much by diamond-encrusted watches and platinum chains as its gritty urban lyrics. But in…
In Egypt, Sham El-Nessim is a lot more than coloring eggs
On Damascus Street in Heliopolis, the crowds of people are already getting ready for the spring feast, known in Egypt as Sham El-Nessim. The gait of the pedestrians walking on…
Going green in Egypt
Relocating to Cairo recently, with its high levels of air pollution, spurred me to scout for environmentally-friendly products that could easily be incorporated into one's lifestyle. And I was pleasantly…
HEALTH MATTERS: Epilepsy Drug in Pregnancy May Lower IQ
Toddlers of moms who took the epilepsy drug valproate during pregnancy had lower IQs than the children of women who used other anti-seizure medicines, according to a new study.The valproate…
Couture's well-kept secret
Haute couture is the preserve of the elite, clothes with astronomical price tags that can only be afforded by the world s wealthiest people - or so the received wisdom…
Art Deco's life in the fast lane
Art Deco was so ahead of its time that its practitioners were accused of being too modern and their work looks contemporary today, even though it is more than 80…