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Syria opposition wants removal of chief monitor
MIDEAST:Syrian opposition activists are calling for the removal of the Sudanese head of the Arab League monitoring mission for serving as a senior official in the "oppressive regime" of Omar al-Bashir
Dubai dismisses speculation on selling of assets
Mohamed Ali Alabbar, a member of Dubai's Executive Council and chairman of Emaar Properties, has dismissed speculation that Dubai is in discussions to
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Investors seek Islamic finance to battle crisis
Rising risk aversion will force a flight to conservative Islamic investing, with Asia's $20 billion Sharia fund market likely to be led by the Middle East, Brunei, Kazakhstan and Indonesia, a fund house said yesterday. Once a niche market serving devout Muslims Islamic finance has become popular with investors as the world financial crisis prompted some to rethink the merits of conventional banking.
Sharia bonds and stocks have met with approval as financial market participants trade high returns for greater security. But regulators and bankers warn that Islamic finance will take a hit as the global economy tips into a
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