Gulf Strategies and the Emerging Landscape of Islamic Banking in Africa

Amid growing financing needs and dwindling soft resources, Islamic finance is gaining more ground across Africa. However, it is partly supported by Gulf actors, but reflects very different realities, ranging from commercial banks embedded in local economies to development institutions focused on sovereign borrowers and public policy. Islamic commercial banks: what exactly are we talking … Read more

Texas floods leave at least 51 dead, 27 girls missing as rescuers search devastated landscape

Kurville, Texas (AP)-Rescuers collected a scene in the midst of the devastating Texas from deformed trees, revised cars and the exit drain on Saturday on a growing mission to determine the location of the survivors, including 27 girls who have not been seen since their camp was shown with a water wall in a historical … Read more