When Kerim Ture placed his first order for a batch of long-sleeved tunics that could be worn by Muslim women, the manufacturers producing them demanded payment upfront, apparently convinced the venture would fail and Ture would be left unable to pay them. The Turkish entrepreneur quickly proved that their scepticism was unfounded, and he was back shortly afterwards to place …
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LONDON: Gone are the days where “halal” shopping referred only to a trip to the local butchers to ask for a special cut. Muslims across the world are increasingly product-savvy, seeking out the latest consumer products that also fit their religious beliefs, spelling a boom in the so-called Islamic economy. The year ahead ushers in trends for modest garb for …
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RIYADH — The government is currently considering to allow expatriates to invest in free trade against an annual income tax of about 20 percent, business daily Al-Eqtisadiah reported on Sunday. A number of transactions were limited to the Saudis, which gave rise to the phenomenon of tasattur (doing business in the name of Saudis against certain fees) that has caused …
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Mamuju, West Sulawesi, 4 Rabi’ul Awwal 1436/26 December 2014 (MINA) – Indonesia is set to become the world largest cocoa producer in 2020 relegating the Ivory Coast currently the largest in the world. The regional administration of West Sulawesi said they was ready to boost its cocoa production to realize it. The central government has set aside a large budget …
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