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  • Taliban’s religious ideology – Deobandi Islam – has roots in colonial India

    Deobandi Islam emerged in India in 1867, 10 years after a major Indian nationalist uprising against the rule of the British East India Company.

  • Perspective: Who Will Mentor the Taliban This Time: Pakistan or Qatar?

    Most Afghans — as well as foreign governments, aid agencies, donors and investors — will be rooting for Doha over Islamabad. Memories of how the previous Taliban administration performed under Pakistani tutelage allow for no optimism about how things will play out this time. The Qataris are a relatively unknown quantity in South Asia, but they could hardly do worse.

  • The State of Islamic Banking

    The issuance of sukuk—Islamic finance’s non-interest equivalent of bonds—is anticipated to drive much of the expansion. “Sukuk is expected to maintain its position as a major growth driver for the Islamic finance industry.

  • Qatar’s nominal GDP may scale up to $197bn in 2023: World Bank

    In its latest Gulf Economic Update, World Bank said Qatar is forecast to post a strong growth rebound among the GCC, with strong liquefied natural gas (LNG) demand in South and East Asia underpinning medium-term prospects, World Bank noted.

  • Saudi Arabia allows direct entry of fully vaccinated expats from countries facing travel ban

    This will be applicable only to those foreigners who have left the Kingdom on exit and reentry visa after taking two doses of vaccine against coronavirus from Saudi Arabia.

  • SoftBank-backed storage developer Energy Vault raises $100 million

    Energy Vault, a developer of utility-scale battery storage technology backed by SoftBank Group Corp and the venture arm of Saudi Aramco, has raised $100 million in a funding round, its chief executive told Reuters on Tuesday.

  • Afghanistan: World Bank halts aid after Taliban takeover

    Since 2002 the Washington-based financial institution has committed more than $5.3bn (£3.9bn) to reconstruction and development projects in Afghanistan. "We have paused disbursements in our operations in Afghanistan and we are closely monitoring and assessing the situation in line with our internal policies and procedures," a World Bank spokesperson told the BBC.

  • Britain to push for sanctions on Taliban at G7 meeting -sources

    Britain believes the G7 should consider economic sanctions and withhold aid if the Taliban commits human rights abuses and allows its territory to be used as a haven for militants, according to a British government official, who spoke on condition of anonymity, and a second Western diplomat.

  • Hezbollah Warns U.S., Israel Not To Stop Iranian Oil To Lebanon

    "We don't want to get into a challenge with anyone, we don't want to get into a problem with anyone. We want to help our people," Nasrallah said in a televised address, as carried by Reuters.

  • Taliban’s Return in Afghanistan Poses a Balancing Act for Iran

    The speed of the Taliban’s victory in Afghanistan surprised even some of its supporters and will force Iran to find a delicate balance if it is to build on the influence it has worked decades to build there. For years, Iran has supplied Taliban insurgents with weapons and money, according to U.S. officials, forming an unlikely but resilient bond between Tehran’s Shiite leaders and the fiercely Sunni fundamentalist insurgent group in Afghanistan.