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Trump slams Iran in Nowruz holiday message

BEIRUT / Reuters President Donald Trump used the annual presidential statement marking the Persian holiday of Nowruz to criticize Iran’s government and military leaders with sharp-tongued language rarely before seen in a celebratory presidential message. “The history of Nowruz is rooted in Iran, where for millennia a proud nation has overcome great challenges by the strength of its culture and ...

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Buhari’s trump card for Nigeria’s 2019 vote: Weak opposition

Bloomberg Samuel Okunola shares the frustration of many Nigerians with the man he voted for three years ago, President Muhammadu Buhari. The 52-year-old tailor no longer feels he can support him in elections next year, but he doesn’t see an alternative. “I can’t vote for Buhari in 2019,” Okunola said in an interview at his shop in the upscale Victoria ...

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Dubai Investments to launch Sharia compliant Arkan bank

DUBAI / WAM Dubai Investments has announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islamic financial institution with an initial paid-up capital of $100 million. The authorised share capital of Arkan Bank will be $500 million. Arkan Bank is applying to the Dubai Financial Services Authority (DFSA), for approval for a prudential ‘Category 5’ ...

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