Iran is ready to do something to help tackle Islamic State insurgents in Iraq but first wants progress in negotiations with world powers over its nuclear programme, Foreign Minister Javad Zarif was quoted as saying by Iranian media.
Islamic State militants fighting in Iraq are selling oil from oilfields and refineries they control to local communities and smugglers, augmenting their existing ample finances, US intelligence officials said on Thursday.
Islamic State insurgents who seized a Lebanese border town this month planned to turn Lebanon into another Iraq by unleashing sectarian war between Sunnis and Shi'ites that would have endangered the nation's very existence, the army comm
With Islamist militants just 30 minutes drive away, foreign oil workers are moving out of Iraq's Kurdish capital by the hundreds and business is booming in the city's arms market.
Spared a decade of sectarian conflict in t
When radical Islamic forces threatening to dismember Iraq unexpectedly captured several towns from the Peshmerga Kurdish fighters last weekend, the Kurds' public relations machine quickly seized on the setback to boost their case in Washingt
Dubai Islamic Bank (DIB), the UAEs' largest sharia-compliant lender, posted a 59.6 per cent jump in its second-quarter net profit, aided by higher fee and investment income.
Beating analysts' forecasts, the bank made 667.5
Malaysia-based International Islamic Liquidity Management Corp (IILM) has reissued $860 million of its three-month Islamic bond, the organisation said on Thursday.
The three-month sukuk, rated A-1 by Standard a
Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI), a global umbrella organisation of Islamic financial institutions, is set to finalise its Strategic Plan 2015-2018 by the end of the year.