Britain on Tuesday sanctioned five Russian banks and three individuals in response to Russia’s recognition of Ukraine’s separatist regions. The Russian banks sanctioned are Rossiayaz Bank, IS Bank, General Bank, Promsvyazbank, and the Black Sea Bank, Prime Minister Boris Johnson announced. Gennady Timchenko, Igor Rotenberg, and Boris Rotenberg...
DOUALA, Cameroon (AA) – At least 59 people are dead and many injured following an explosion Monday at an artisanal gold mining site in southwestern Burkina Faso, local media reported. The powerful blast also caused a huge amount of material damage at the Gomgombiro gold panning site in Gbomblora, a village about 386 kilometers (24...
A total of 750 tons of emergency relief goods sent by a“charity train” from Turkey to Afghanistan was delivered to Kabul Monday. Medical aid packages were delivered to the Health Ministry of the interim Afghan administration in a ceremony. It was coordinated by Turkey’s state-run Disaster and Emergency Management Presidency and with the suppo...
Iran signaled “significant progress” Monday in talks on reviving a stalled accord on its nuclear program. But President Ebrahim Raisi, on his first visit to a Gulf state, insisted Washington must lift its crippling sanctions on Iran. The country’s president is a personal target of United States’ sanctions. Raisi spoke out ahead of a summit [&h...
Thirty-two Muslim groups wrote to US Education Secretary Miguel Cardona last week, saying the student debt crisis poses a major challenge for American workers and students, including Muslims. The letter was initiated by A Continuous Charity, CAIR, the Islamic Scholarship Fund, and the National Association of Muslim Lawyers. Nearly one-third ...
Afghanistan’s central bank on Saturday rejected U.S. President Joe Biden’s executive order to seize half of its $7 billion in assets held in American financial institutions. Da Afghanistan Bank said the decision to block their foreign exchange reserves and allocate them to “irrelevant” purposes is an injustice to the Afghan people. The bank sa...
Graphene, a “wonder material” thinner than paper and 200 times stronger than steel, has many potential uses such as energy generation and tissue engineering. It’s also one of the most expensive materials to produce. But Arsheen Allam, founder and CEO of the Durham, North Carolina based cleantech startup GOLeafe, has developed a low-cost, susta...
The global Islamic funds market has grown by more than 300% in the last decade to reach nearly $200 billion in assets under management. That’s according to the Bahrain-based General Council for Islamic Banks and Financial Institutions. Islamic finance bans interest payments and pure monetary speculation. It can be used only to invest in assets...
The U.S. has asked to meet with energy companies operating in Algeria to see if more gas can be sourced from there, Reuters reports. Washington is intensifying efforts to find alternative gas supplies for Europe in case there is a disruption from the standoff between Russia and Ukraine. The European Union depends on Russia for […]
MOGADISHU, Somalia (AA) – US Secretary of State Antony Blinken announced late Tuesday visa restrictions on current and former Somali officials who are believed “to be responsible for, or complicit in, undermining the democratic process in Somalia.” The Department of State said in a statement that the individuals were undermin...