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  • Dubai announces drive to develop Islamic business Wednesday, 9 Jan 2013 | 8:11 AM ET

    DUBAI, Jan 9- Dubai is launching a drive to develop its Islamic business sector, aiming to attract fresh investment from the Middle East and south-east Asia, the emirate's ruler said on Wednesday. Islamic banks now command a roughly 25 percent share of the banking market in the six countries of the Gulf Cooperation Council, according to an estimate by Ernst& Young.

  • By Tamim Elyan and Shaimaa Fayed. CAIRO, Dec 26- Egyptian President Mohamed Mursi signed into law a new constitution shaped by his Islamist allies, a bitterly contested document which he insists will help to end political turmoil and allow him to focus on fixing the economy.

  • *Italy holds national elections Feb 24-25. *Catholic Church has dumped Berlusconi but is wary of the left.

  • Christmas brings fear of church bombs in Nigeria Monday, 24 Dec 2012 | 6:07 AM ET

    MADALLA, Nigeria, Dec 24- Kneeling over a dusty grave on the outskirts of Nigeria's capital, 16- year old Hope Ehiawaguan says a prayer, lays down flowers and tearfully tells her brother she loves him.

  • FACTBOX-Major violence by Nigeria's Boko Haram Monday, 24 Dec 2012 | 6:07 AM ET

    *Boko Haram is fighting to impose Islamic, or sharia, law on Nigeria, whose population of 160 million people is split evenly between Christians and Muslims. At least 2,800 people have died in fighting in the largely Muslim north since the sect launched an uprising against the government in 2009, watchdog group Human Rights Watch says.

  • *Islamists hold rally in Alexandria. ALEXANDRIA, Egypt, Dec 21- Thousands of chanting Islamists rallied on Friday in support of an Islamic vision of Egypt's future on the eve of a constitutional referendum that has divided the most populous Arab nation.

  • Politics, laws weigh on Islamic finance in India Thursday, 20 Dec 2012 | 3:33 AM ET

    DUBAI/ NEW DELHI, Dec 20- India's tiny Islamic finance industry is hoping to expand by developing products that would work around the country's ban on sharia-compliant banking.

  • Al Qaeda grows powerful in Syria as endgame nears Thursday, 20 Dec 2012 | 1:00 AM ET

    AMMAN, Dec 20- Having seen its star wane in Iraq, al Qaeda has staged a comeback in neighbouring Syria, posing a dilemma for the opposition fighting to remove President Bashar al-Assad and making the West balk at military backing for the revolt.

  • RIYADH, Dec 19- The message boards of online expat forums in Saudi Arabia tell their own story: increasingly frantic enquiries from new arrivals looking for somewhere to live in a very tight market.

  • Egypt's Islamists aim to build on constitution vote Sunday, 16 Dec 2012 | 6:23 PM ET

    *Second stage of referendum to be held on Saturday. *More support for measure likely in second round. CAIRO, Dec 17- President Mohamed Mursi has won initial backing from Egyptians for a new constitution that he hopes will steer the country out of crisis, but which opponents say is an Islamist charter that tramples on minority rights.

  • By Shaimaa Fayed and Tamim Elyan. CAIRO, Dec 16- Egyptians voted in favour of a constitution shaped by Islamists but opposed by other groups who fear it will divide the Arab world's biggest nation, officials in rival camps said on Sunday after the first round of a two-stage referendum.

  • *Egypt pound hits 8- year low, stocks, forex reserves down. CAIRO, Dec 6- Egypt's Republican Guard restored order around the presidential palace on Thursday after fierce overnight clashes killed seven people, but passions ran high in a struggle over the country's future.

  • *Republican Guard says demonstrators must leave by 3 p.m.. CAIRO, Dec 6- Egypt's Republican Guard ordered rival demonstrators to leave the area around the presidential palace in Cairo on Thursday after fierce overnight clashes that killed seven people.

  • *Republican Guard says demonstrators must leave by 3 p.m.. CAIRO, Dec 6- Egypt's Republican Guard ordered rival demonstrators to leave the area around the presidential palace on Thursday after fierce clashes that killed seven people, and Islamists began to comply.

  • Indonesian President Susilo Bambang Yudhoyono

    As protests against a U.S. made anti-Islam video continue across the world, the president of Indonesia, which has the world’s largest Muslim population, seeks to reassure investors that all steps will be taken to ensure stability and promote economic growth in his country.

  • Egyptians Protest Video, Scale US Embassy Walls Tuesday, 11 Sep 2012 | 5:02 PM ET
    An Egyptian protester hold a sign that reads in Arabic 'I sacrifice my soul for God's prophet' during a demonstration outside the US embassy in Cairo on September 11, 2012 against a film deemed offensive to Islam.

    Main ultraconservative Islamist protesters climbed the walls of the U.S. embassy in Egypt's capital Tuesday to protest a video attacking Islam's prophet, Muhammad.

  • Catholic Fund Fails to Convince Believers Friday, 3 Aug 2012 | 2:12 AM ET
    The Creation of Adam, from the Sistine Ceiling, 1511 (fresco) (pre-restoration)

    A fund that was set up to invest in line with Catholic beliefs is to close after its managers lost faith in its ability to attract investors, the Financial Times reports.

  • President Obama: Same-Sex Marriage Should Be Legal   Wednesday, 9 May 2012 | 3:19 PM ET

    CNBC's John Harwood reports President Obama says same-sex couples should be able to get married in an interview with ABC News' Robin Roberts.

  • Muslims on Wall Street, Bridging Two Traditions Sunday, 15 Apr 2012 | 9:16 AM ET

    Young Muslims, one of the newest groups to make inroads in American finance, can face steep barriers to entry. The New York Times reports.

  • The Stimulating, Provocative World of 2050 Friday, 16 Mar 2012 | 11:34 AM ET
    World in Hand

    The next four decades will be full of the unexpected, since we live in an era of particularly rapid change. But Megachange is something to be embraced, not feared. Here's why.