Browsing All Posts published on »May 3rd, 2008«

U.S. Threatened to Attack Saudi Arabia During 1973 Oil Embargo

May 3, 2008

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Bader Alkhorayef Arab News RIYADH, 4 May 2008 — The United States threatened to use force against Saudi Arabia in 1973 after King Faisal, along with other Arab leaders, imposed an oil embargo on countries that supported Israel during the October War, Prince Turki Al-Faisal, former intelligence chief and ambassador to Washington, said in an […]

Emirates Islamic Bank announces 253% growth in first quarter profits

May 3, 2008

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Emirates Islamic Bank, one of the leading financial institutions in the region announced the first quarter results which were even more impressive when compared to an already impeccable record of results and customer experience. The Bank recorded a net profit of Dhs148.6m, recording a phenomenal increase of 253 % on the results for the same […]

China looks at Malaysia to develop halal industry

May 3, 2008

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By JACK WONG, the star, Malaysia, KUCHING: China, which has more than 18 million Muslims, is looking to Malaysian companies for collaboration to develop its halal food and consumer goods industries. Vice-Consul (Economic and Commercial) of the China Consulate in Kuching Ma Yu said the Chinese Government had provided preferential policies and financial support to […]