Israeli forces raided Nur Shams camp in the West Bank, killing two Palestinians. Palestinian fighters clashed with the Israeli forces. The camp hosts 13,519 UN-registered refugees. Early on Sunday, Israeli forces raided a refugee camp in the occupied West Bank and killed two Palestinians, including a fighter for the Islamist organization Hamas, according to emergency … Read more
Islamic State claims responsibility for attack on Sikh temple in Kabul. At least two people killed and seven injured, officials say. Attack comes as part of a wave of violence targeting minorities and sites of worship. Officials say an attack claimed by Islamic State on a Sikh temple in Kabul, Afghanistan’s capital, killed at … Read more
KARACHI: The State Bank of Pakistan (SBP) on Tuesday allowed the development finance institutions (DFIs) to participate in the open market operations (OMOs) to facilitate them in their liquidity management. According to a circular, the DFIs would also be eligible to participate in OMOs as per the instructions and procedure stipulated in the master circular … Read more
Morocco’s king pardoned 29 prisoners imprisoned for “terrorism or extremism” offences as a gesture commemorating the conclusion of the Muslim fasting month of Ramadan, the justice ministry announced. According to a statement released late Sunday by the justice ministry, the 29 detainees were pardoned “after having publicly acknowledged their loyalty to the sanctity of the … Read more
Several deaths have been feared after bombs rocked a boys’ faculty in a Shiite Hazara neighbourhood of the Afghan capital on Tuesday, police said, with social media displaying grisly pix of useless and wounded at the scene. Kabul police spokesman Khalid Zadran advised AFP that improvised explosive devices have been located outside the Abdul Rahim … Read more
Three Islamic Jihad terrorists were killed by Israeli security forces during a raid in the West Bank on Saturday, authorities said, the latest killings amid a wave of violence. The bloodshed comes as tensions rise ahead of the start of Ramadan, the holy Muslim month in which unrest has erupted in Israel and the occupied … Read more
KARACHI: Modaraba Al Mali (MODAM) has made arrangements with Yousaf Weaving Mills Limited (YOUW) to provide support to revive and rehabilitate the company, a bourse filing said on Monday. “MODAM and its associates may invest in the YOUW’s right issue up to 10 per cent i.e., up to 10 million shares (out of unsubscribed portion). … Read more
HONG KONG: Chinese artificial intelligence start-up SenseTime said Monday it was postponing a planned $767 million initial public offering in Hong Kong after it was blacklisted by the US over human rights concerns in Xinjiang. The US Treasury announced the ban on Friday, saying SenseTime’s facial recognition programmes were designed in part to be used against … Read more
KARACHI: The Meezan Bank-led consortium and Enertech Water Private Limited signed agreements of Rs25.5 billion for Islamic syndicated project financing facility for the government of Sindh, a statement said on Wednesday. This is the largest financing facility raised for the government of Sindh, structured under a public-private partnership, it added. The facility will be utilised … Read more
CAIRO: Standard Chartered’s international Islamic banking network ‘Saadiq’ launched a $100 million Islamic financial programme in collaboration with the Malaysian Halal Development Corporation, to support SMEs, corporates and multinationals, Arab News reported. The programme was announced during the Halal Week taking place at the UAE Expo, as part of Standard Chartered’s Halal360 proposition, according to … Read more
SYDNEY: Australia on Friday postponed its first-ever cricket Test against Afghanistan, after the country’s ruling Taliban regime effectively banned women from playing the sport. Australia’s cricketing authorities said that after consultation with “relevant stakeholders” they decided the men’s Test, to be played in Hobart this month, would not go ahead as planned. After the Taliban ousted Afghanistan’s elected … Read more
Tunisia has banned full face-covering – niqab, in public institutions as a security measure. The step is taken as a security measure by the government. The rule, which takes effect immediately, applies to both staff and visitors. On June 27, twin suicide bombings in the capital, Tunis, targeted Tunisia’s security forces and killed at least … Read more
